expressed in this article are the personal opinion of the authors.)
Industry of Pakistan has been playing an important role in increasing exports
and reducing wide spread unemployment. This has a contribution of 8.5% in GDP
of Pakistan and has provided people of industrial manpower with 38% of
employment. An investment of US $ 7 billion has been invested in past 6 years.
US $ 9.8 billion has been invested during the last one fiscal year.
is the 4th big country in the production of cotton and the 3rd
big country in the world in its use of cotton. During the period from July 2007
to June 2008 the exports of our textile industry has been US $ 10.5 billion
approximately whereas in comparison with total exports of Pakistan, the share
of this sector has been 55% (South Asia Investor Review: Pakistan Textile
Industry Hits Rough Pitch).
Textile Industry has made the world believe its solid position in the global
market for the last 4 decades. The Pakistan Textile Sector has been growing
independently and rapidly particularly after the lifting of trade restrictions
and sanctions of the World Trade Organization (WTO) and the Multi Fiber
Agreement (MFA) (Farah et. al., 2011). Although some global and indigenous
factors are causing changes and unfortunately these changes have been snatching
Pakistans superiority comparatively in the hallmark of the sector.
Tahir & Dr Khalid Mughal are associated with the Preston University at
This article was
originally published in the New Cloth Market magazine, November, 2012.