The Pakistan Textile Industry - An Overview
By Gaurav Doshi
The textile industry is one of the most important sectors of
Pakistan. It contributes significantly to the country's GDP, exports as
well as employment. It is, in fact, the backbone of the Pakistani
economy.
Established capacity
The textile industry of
Pakistan has a total established spinning capacity of 1550 million kgs
of yarn, weaving capacity of 4368 million square metres of fabric and
finishing capacity of 4000 million square metres. The industry has a
production capacity of 670 million units of garments, 400 million units
of knitwear and 53 million kgs of towels.
The industry has a total
of 1221 units engaged in ginning and 442 units engaged in spinning.
There are around 124 large units that undertake weaving and 425 small
units. There are around 20600 power looms in operation in the industry.
The industry also houses around 10 large finishing units and 625 small
units.
Pakistan's textile industry has about 50 large and 2500
small garment manufacturing units. Moreover, it also houses around 600
knitwear-producing units and 400 towel-producing units.
Contribution to exports
According
to recent figures, the Pakistan textile industry contributes more than
60% to the country's total exports, which amounts to around 5.2 billion
US dollars. The industry contributes around 46% to the total output
produced in the country.
In Asia, Pakistan is the 8th largest exporter of textile products.
The
contribution of this industry to the total GDP is 8.5%. It provides
employment to 38% of the work force in the country, which amounts to a
figure of 15 million. However, the proportion of skilled labor is very
less as compared to that of unskilled labor.
Organisations in the industry
All
Pakistan Textile Mills Association is the chief organization that
determines the rules and regulations in the Pakistan textile industry.
Opportunities available
The
world demand for textiles is rising at around 2.5%, due to which there
is a greater opportunity for rise in exports from Pakistan.
Copyright © 2007
More
Fibre2fashion.com - Leading b2b marketplace of textile, garment, apparel and retail industry, Provides Business Resource for Pakistan Textile Importer, Buyer, Manufacturer and Services Providers Company.
Fibre2fashion.com - Leading b2b marketplace of textile, garment, apparel and retail industry, Provides Business Resource for Pakistan Textile Importer, Buyer, Manufacturer and Services Providers Company.
Article Source:
http://EzineArticles.com/?expert=Gaurav_Doshi
No comments:
Post a Comment