;
Home / Knowledge / News / Textiles / Pakistan lags behind in textile competitiveness: Seminar
Pakistan lags behind in textile competitiveness: Seminar
21
Mar '18
Pakistan’s textile production and earning capacity is far lower as it earns $1 billion through products manufactured from a million cotton bales while Bangladesh and Vietnam earn $6 billion and $8 billion respectively, State Bank of Pakistan senior economist Asma Khalid told a recent seminar on ‘Stimulating Firm Productivity for Growth’ organised by the bank.

While Sindh led in product innovation, Punjab was ahead in skills development implementation, the seminar, whose co-organisers included the International Growth Centre (IGC), the Consortium of Development Policy Research (CDPR) and the Institute of Business Administration, was told.

Pakistan’s trade cost has remained stagnant compared to India and China’s consistently declining costs each year, said Salam Ali from IGC.

Speakers said the higher demand for garments in China has created opportunities for Pakistan to get a bigger share of the former’s import pie, according to Pakistani media reports.

Between 2013 and 2015, Pakistan’s garment exports increased by 10 per cent to the European Union compared to Bangladesh’s 13 per cent and India’s 17 per cent, indicating that Pakistan has yet not fully exploited the benefits of the generalised system of preferences plus status, CDPR’s Zara Salman said. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Vietnam targets $40 bn in textile-garment exports in 2019

Apparel/Garments | On 22nd Jan 2019

Vietnam targets $40 bn in textile-garment exports in 2019

The Vietnam Textile and Apparel Association (VITAS) has set a target...

Myanmar RMG units exporting to EU rose by 180 in 5 yrs

Apparel/Garments | On 22nd Jan 2019

Myanmar RMG units exporting to EU rose by 180 in 5 yrs

The number of readymade garment (RMG) factories in Myanmar that...

Courtesy: Microsoft

Textiles | On 22nd Jan 2019

Microsoft India launches e-com site for handloom weavers

Microsoft India recently launched a new e-commerce platform,...

Interviews View All

Headhonchos, Indian fashion industry

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

C Kamatchisundaram, Voltas

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Sonia Agarwal, Whitenife

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Sugandha Bhardwaj,

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Paolo Crespi,

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Maya Simova,

Maya Simova

Inter Expo and Congress Center (IEC) is a prominent exhibition centre in...

Mr Hartmann Huth, Trevira GmbH

Mr Hartmann Huth
Trevira GmbH

Trevira GmbH is an innovative European manufacturer of high-value branded...

Dr. Rene Wollert, Freudenberg Nonwovens

Dr. Rene Wollert
Freudenberg Nonwovens

Dr. Rene Wollert discusses the current scenario of the global nonwovens...

Ray Baughman, University of Texas -Dallas

Ray Baughman
University of Texas -Dallas

<div>A team of scientists and researchers have discovered twistrons,...

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Priya Somaiya, Usha Social Services

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Cigdem Akin, Cigdem Akin

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

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

Leave your Comments


January 2019

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

news category


Related Categories:

Advanced Search