Home / Knowledge / News / Apparel/Garments / Readymade Garments sector show positive results
Readymade Garments sector show positive results
20
May '08
It is known fact that out of total exports from Pakistan the leading sector is always textile industry and textile products of different categories and within textile sector Readymade Garments sector is major contributor.

Exporters of this sector have always shown positive results despite of all ups & down and unfavorable conditions and incidence like Last year's May 12th incidence, October 18th & the major incidence of December 27th 2007 and general elections period of February 2008, This was stated by Mr. Bilal Mulla, The Central Chairman of Pakistan Readymade Garment Manufacturers & Exporters Association while responding on the comments given by Governor State Bank of Pakistan regarding R&D support funds for textile industry.

Mr. Bilal Mullah said that the official on record figures of Readymade Garments Sector revels that in year ending 2005 the contribution of this sector was $2.7 billion, in year ending June 2006 it goes up to $3.1 billion, in 2007 it was $3.3 billion and despite of all above mentioned hurdles upto February 2008 in current financial year it is more then $2.2 billion.

Mr. Bilal said that $7 billions were invested in Garments Sector in recent years and due to highly labor intensive sector this sector is considered as highest employment generating sector which is need of present crucial time, While presenting figures Mr. Bilal said that in spinning/weaving sector against investment of $1 million 34 jobs are created and results in addition of exports by $270,000/ where as against investment of same amount in garments sector generates 460 jobs and addition of exports of $3.2 million.


Must ReadView All

Robert Lighthizer speaking at the opening of the ministerial plenary of the 16th Forum of AGOA, in Lome. Courtesy: US Embassy in Togo

Textiles | On 17th Aug 2017

US committed to Africa, Lighthizer tells AGOA forum

The United States and Africa can jointly create a better business...

Textiles | On 17th Aug 2017

Sri Lankan textile exports down 4.1% in May 2017

After showing positive trend for two consecutive months, Sri Lankan...

Courtesy: CBEC

Textiles | On 17th Aug 2017

E-commerce firms need to file monthly statements: CBEC

India’s Central Board of Excise and Customs (CBEC) has clarified that ...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

August 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.0%
No
17.2%
Skip
13.8%

Total Votes: 29

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
41.4%
No
37.9%
Skip
20.7%

Total Votes: 29

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
82.8%
No
6.9%
Skip
10.3%

Total Votes: 29

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
58.6%
No
10.3%
Skip
31.0%

Total Votes: 29


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X