Textile Mills In Pakistan

The textile industry is individual of the most significant zones of Pakistan. It makes a payment considerably to the country’s GDP (Gross domestic product), exports plus service. It is, actually, the backbone of the Pakistani cost-cutting measure. The textile production of Pakistan has a total highly regarded spinning capacity of fifteen hundred and fifty million KGs of yarn, finishing capacity of four thousand million square meters and weaving capacity of four thousand three hundred and sixty eight million square meters of fabric. The trade has four hundred million units of knitwear and fifty three million KGs of towels, manufacture capacity of six hundred and seventy million units of garments. The production has a sum of four hundred and forty two units engaged in spinning and one thousand two hundred and twenty one units engaged in ginning. There are around one hundred and twenty four large units that undertake weaving and four hundred and twenty five diminutive units. There are approximately twenty thousand and six hundred power looms in process in the diligence. The industry also houses around ten large finishing units and six hundred and twenty five small units. Textile MillsOf Pakistan has about two thousand and five hundred small and fifty large garment manufacturing units.

Likewise, it also houses around four hundred towel-producing units and six hundred knitwear-producing units. According to current statistics, the Textile Mills of Pakistan make a payment more than sixty percent for the country’s whole exports, which amounts to around 5.2 billion US dollars. The production put in around forty six percent to the total amount produced in Pakistan. The part of this industry to the total gross domestic product is 8.5 percent. It makes available employment to 38 percent of the labor oblige in the country, which amounts to an outline of fifteen million. Though, the percentage of expert labor is very less as measure up to that of untrained labor. All Textile Mills Associations of Pakistan are the major organizations that determine the formalities in the Pakistan textile industry. The world requirement for textiles is increasing at about 2.5 percent, due to which there is a better chance for augment in exports from Pakistan. According to the Pakistan organization of Textiles, a sell abroad target of thirteen billion USD has been fixed for the year 2007 to 2008.

Thus, the textile units in Pakistan have a chance to increase their scope. The Textile Mills Of Pakistan are presently facing numerous challenges. According to authorities, there is a necessity for the industry to perk up the eminence of its products. There is also the requirement for better value addition in its products. The textile mechanism used in Pakistan is trade in mainly from the Switzerland, Japan, Germany, Belgium and China. The machinery that is in utilizes in the industry leaves masses to be most wanted. It is needed that the production undertakes an up gradation in the machinery used. Also, there is deficiency of resourceful Research and development and training. The Textile Mills Of Pakistan are facing sturdy competition from the Bangladeshi, Indian and Chinese textile industries. The outlay of power in Pakistan is high as compared to that in other countries. On explanation of these causes the textile industry of Pakistan is suffering a critical condition. Pakistan has to get better mutual associations with the US for greater market access.