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 kilograms of yarn, weaving capacity of 4368 million square meters of fabric and finishing capacity of 4000 million square meters. The textile industry has a production capacity of 670 million units of garments, 400 million units of knitwear and 53 million kilograms of towels. The textile 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 textile industry. The textile 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 textile 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 the textile 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.
-Organizations in the Textile Industry
All Pakistan Textile Mills Association is the chief organization that determines the rules and regulations in the Pakistan textile industry.
-Opportunities Available
According to world industrial market research, 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.
-An Introduction to Pakistan
Pakistan extends along either side of the historic Indus River, following its course from the mountain valleys of the Himalayas down to the Arabian Sea. Bordering on India, China, Afghanistan and Iran, it is strategically located astride the ancient trade routes between Asia and Europe. Pakistan's 796,095 square kilometers of territory include a wide variety of landscapes, from arid deserts to lush, green valleys to stark mountain peaks.
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