Textile industry in Pakistan
The Textile industry in Pakistan is the largest manufacturing industry in Pakistan. It has traditionally, after agriculture,been the only industry that has generated huge employment for both skilled and unskilled labor. The textile industry continues to be the second largest employment generating sector in Pakistan. Pakistan is the 8th largest exporter of textile products in Asia. This sector contributes 8.5% to the GDP and provides employment to about 15 million people or roughly 30% of the 49 million workforce of the country. Pakistan is the 4th largest producer of cotton with the third largest spinning capacity in Asia after China and India, and contributes 5% to the global spinning capacity.[1] At present, there are 1,221 ginning units, 442 spinning units, 124 large spinning units and 425 small units which produce product of textile
The Textile Industry is dominated by Punjab. 3% of United States imports regarding clothing and other form of textiles is covered by Pakistan.[2] Textile exports in 1999 were $5.2 billion and rose to become $10.5 billion by 2007. Textile exports managed to increase at a very decent growth of 16% in 2006. In the period July 2007 – June 2008, textile exports were US$10.62 billion. Textile exports share in total export of Pakistan has declined from 67% in 1997 to 55% in 2008, as exports of other textile sectors grew. The major reason of decline of textile export of Pakistan is the Govt unhealthy policies. Sui Northern Gas Pipelines Ltd. » (SNGPL) notified the textile mills to reduce the supply of gas for five months. Head of All Pakistan Textile Mills Association of Enterprises Anis-ul-Haq has expressed concern about the decision: "Now is the time to the textile industry out of a three-year downturn. The demand for textile products is growing, and if we are not able to fulfill our current orders, we will lose international buyers. "Monthly loss the textile industry because of interruptions in gas supply could reach about U.S. $1 billion, or 4 – $5 billion for the fiscal year ending June 20 next year The archaeological surveys and studies have found that the people of Harappan civilization knew weaving and the spinning of cotton four thousand years ago. Pakistan Exports to: China is Cotton: $1.9 billion USA is other textiles, worn clothing: $1.3 billion Germany are other textiles, worn clothing: $236.1 million, Clothing (not knit or crochet): $210.2 million France are other textiles, worn clothing: $123.9 million, clothing (not knit or crochet): $80.3 million UK are Other textiles, worn clothing: $473.2 million, Knit or crochet clothing: $301.3 million, Clothing (not knit or crochet): $247.6 million, Cotton: $96.1 million Other countries like Itlay, Russia, Spain, Brazil, Canada, India, Mexico, Australia, South Korea and Netherland. � Among these Chine is the second largest buyer of Pakistani textiles.
Nowadays textile sector of Pakistan is facing industrial crises due to worldwide policies and govt policies as well the export of three quarter of current year 2016 reduces ud$:831 million and 8.15% from last year, only finished goods export increases with 4.20% and towel export rose up with minor change of .20% of total export. otherwise all other sector including cotton, spinning, weaving and knitting sector are going downward from previous year. The major problem of this declining is the huge reduction of cotton production in the current year due to crop disease. The production of last year was 14.86 million bales which are reducing this year and reached at 11.7 million bales.But Know govt in involve to reforms the industry and looking forward the sowing position of cotton.
See also
- Economy of Pakistan
- Foreign trade of Pakistan
- Pakistan Textile Journal
- Textile industry
- Textile manufacturing
References
- ↑ Statistics on textile industry in Pakistan
- ↑ https://web.archive.org/web/20070821043020/http://www.kansascity.com/451/story/1320369.html. Archived from the original on August 21, 2007. Retrieved April 15, 2013. Missing or empty
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