Home / Knowledge / News / Apparel/Garments / Apparel sector shows encouraging performance despite all odds
Apparel sector shows encouraging performance despite all odds
07
Jun '08
Available statistics show that the Pakistan textile industry contributes more than 60 percent to the country's total exports and has emerged as the eight largest textile exporters in Asia.

However, rising input costs like hike in energy prices, workers wages, raw materials and uneven playing fields and ineffective policies have put an immense pressure on the textile industry of Pakistan, and the garment industry, which despite of producing the finest quality of apparel products, is unable to compete with its neighbouring countries due to heavy overhead expenditures.

Experts from Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) suggest that the country must improve on its capacity to boost its exports and the Government should take all the necessary steps to encourage and promote all entrepreneurs engaged in exports of garments and apparels.

Further, there is a dire need to enhance the quality of its products, upgrade the technology that are used, and encourage effective Research and Development (R&D) in order to compete with countries like India, China, and Vietnam.

Reports show that 90 percent exporters fall in the category of Small and Medium Enterprises. Growth of SMEs is essential for the development of bigger industries and the whole world is focusing on their growth and to maintain that level, Research and Development support is very much required as it is considered as the heart of any industry.

Anticipating the challenges to the garment and home textile sectors in the post quota period, the Government introduced a special textile garments package on the recommendation of the Ministry of Commerce in the shape of Research and Development (R&D) Support at 6 percent. This support has helped garments industry to survive and sustain itself, prevent potential export losses of millions of dollars, and retain jobs in the sector.

Must ReadView All

Courtesy: H&M

Apparel/Garments | On 30th Mar 2017

H&M group's sales increase 7% in 3 months to Feb '17

The H&M group's sales including VAT amounted to SEK 54,369 million...

Textiles | On 30th Mar 2017

Vietnam’s textile & garment exports earn $4bn in Jan-Feb

Vietnam earned $4 billion from textile and garment exports in the...

Textiles | On 30th Mar 2017

India Inc should work for July 1 GST roll out: Fin sec

The Goods and Services Tax (GST) will take India into a very exciting ...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Silke Brand-Kirsch
Schlegel und Partner

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Silvia Venturini Fendi
Fendi s.r.l

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Prathyusha Garimella
Prathyusha Garimella

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

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search