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The textile industry is one
of the most important sectors of Pakistan. It contributes significantly to
the country's GDP, exports as well as employment. It is, in fact, the
backbone of the Pakistani economy.
Established capacity
The textile industry of Pakistan has a total established spinning capacity
of 1550 million kgs of yarn, weaving capacity of 4368 million square metres
of fabric and finishing capacity of 4000 million square metres. The industry
has a production capacity of 670 million units of garments, 400 million
units of knitwear and 53 million kgs of towels.
The industry has a total of 1221 units engaged in ginning and 442 units
engaged in spinning. There are around 124 large units that undertake weaving
and 425 small units. There are around 20600 power looms in operation in the
industry. The industry also houses around 10 large finishing units and 625
small units.
Pakistan's textile industry has about 50 large and 2500 small garment
manufacturing units. Moreover, it also houses around 600 knitwear-producing
units and 400 towel-producing units.
Contribution to exports
According to recent figures, the Pakistan textile industry contributes more
than 60% to the country's total exports, which amounts to around 5.2 billion
US dollars. The industry contributes around 46% to the total output produced
in the country.
In Asia, Pakistan is the 8th largest exporter of textile products.
Contribution to GDP and employment
The contribution of this industry to the total GDP is 8.5%. It provides
employment to 38% of the work force in the country, which amounts to a
figure of 15 million. However, the proportion of skilled labor is very less
as compared to that of unskilled labor.
Organisations in the industry
All Pakistan Textile Mills Association is the chief organization that
determines the rules and regulations in the Pakistan textile industry.
Opportunities available
The world demand for textiles is rising at around 2.5%, due to which there
is a greater opportunity for rise in exports from Pakistan. |