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

Courtesy: Amazon

Apparel/Garments | On 23rd Sep 2018

Consumers in Turkey get access to Amazon

Amazon has launched in Turkey giving customers in the country...

Value in omni-channel retail with Flipkart buying: Walmart

Apparel/Garments | On 23rd Sep 2018

Value in omni-channel retail with Flipkart buying: Walmart

With the acquisition of Flipkart, Walmart sees great value in...

E-com to result in common SE Asian consumer market: BCG

Textiles | On 23rd Sep 2018

E-com to result in common SE Asian consumer market: BCG

The rapid spread of e-commerce and digital technologies is binding...

Interviews View All

Sachin Sharma, Gem Enviro Management Pvt Ltd

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Cindy McNaull, Cordura

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Manuj Terapanthi, Texaura

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Sarah Perkins,

Sarah Perkins

Fairfax, Virginia-based Specialty Graphic Imaging Association (SGIA) is a...

Gagan Gulati,

Gagan Gulati

PG Silk Mills Private Limited had a humble start with a hand-dyeing unit....

Harmeet Singh,

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Kai Poehler, Voith Paper GmbH & Co. KG

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Paige Mullis, Glen Raven Inc

Paige Mullis
Glen Raven Inc

Paige Mullis discusses the expansion plans of Glen Raven Inc in India, and ...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, the Association of the Nonwoven Fabrics Industry, serves hundreds of ...

Pranav Mishra, Huemn

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Nisha Chanda, Whistling Woods International School of Fashion

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

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


September 2018

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

news category


Related Categories:

Advanced Search