Question:

About the Textile Industry of Pakistan

by Guest2656  |  12 years, 9 month(s) ago

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I want to know about Textile Industry of Pakistan.

 Tags: Industry, Pakistan, textile

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1 ANSWERS

  1. Guest349
    Pakistan is the fourth largest cotton producer in the world. Because of its plentiful, indigenous cotton supply, the textile industry is central to the Pakistani economy and is both a source of employment and a source of exports. Pakistan's industrialization began in the 1950s with the textile industry at its center.pakistan Today, textiles account for 38 percent of total manufacturing and 8 percent of GDP.
    The textile industry employs almost 40 percent of the industrial workforce. Despite the critical role textiles play in the economy, most textile manufacturers are cottage or small-scale industries. Pakistan relies on outside engineering and manufacturing expertise and must purchase most of its equipment abroad. Recognizing the importance of the textile industry to the nation's economy, the Pakistani government began taking steps in 2005 to rebuild the competitiveness of this critical industry

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