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By: Fibre2Fashion.com


Introduction:


Pakistan has the 45th largest economy globally; in terms of official exchange rates. The countrys textile industry is a major contributor to the economy in terms of foreign revenue and employment generation. It contributes to 8.5% GDP, and generates employment opportunities for 39% of the total manufacturing workforce. It is the fourth largest producer, and third largest consumer of cotton.


Textile industry in Pakistan contributes more than 50% of the countrys total exports. During 2008, of the total exports from the country, textile exports constituted to $7.21 billion USD, and garment exports were worth $3.25 billion USD. It has successfully proved its consistency in maintaining its export volume.


MEGATECH 2010 - The Largest Sourcing Destination:


To enhance the economic growth, and to match with the growth of the industry, there is a need for a novel multidimensional platform for the sellers in the country. MEGATECH Pakistan is an initiative crafted to serve as the largest, and all-embracing industry platform planned with an objective to bring together the best buyers and sellers from all across the globe. The exhibition will be a premium, multidimensional platform showcasing products and services in the industry featuring the latest and most recognizable names. The event is well attended by textile and garment manufacturers, exporters, key decision makers and distributors from across Pakistan.


The Venue:


The 8th edition of the International Machinery Exhibition of Garment & Textile Technology-MEGATECH Pakistan is scheduled from 4-6 March 2010 at the Karachi Expo Centre, in Karachi, the Commercial Capital of Pakistan. Karachi, being a cosmopolitan city adds flavor to the international marketing. The centre is well equipped with up to date facilities, and international standards creating a niche of its own kind. Participation from local and international textile and garment machinery manufacturers, distributors, and importers are expected. Leading textile and garment manufacturers, key decision makers of the industry, and senior Government officials are expected to be present at the event.


Highlights of the Event:


  • Inaugural ceremony will be done by the Honorable Minister of Textile Industry, Mr. Rana Mohammad Farooq Saeed Khan. The event will also be graced by the esteemed presence of Mr. Farkhand Iqbal, Joint Secretary Ministry of Textile Industry; Mr. M. Idrees Ahmed, Textile Commissioner and Mr. Abdul Majeed, Director Textile Research and Innovation Centre and Chairman Associated Textile Consultants.


  • Participation of more than 400 companies from 28 countries from all across the globe is anticipated. China, Turkey, U.K. Germany, and India are a few to name.


  • More than 8,000 trade visitors from the textile and garment industry are expected to attend the event.

 

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Published On Tuesday, July 21, 2009
 
 
 

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