Textile Industry In Pakistan

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Over the years, Pakistan is said to be the single crop economy i.e. cotton. Textile Industry claims the largest share in terms of the contribution in the national economy of Pakistan. Efforts have been made to change the overall structure of Pakistan’s economy. Yet the textile sector continues to be the most important segment of thenational economy. Its share in the economy is industry as the single largest determinant of the economic growth of the country. Despite harsh international economic conditions, Pakistan's textile industry has fought through the storm by coming out of the international crisis in a very positive manner.
During the year 2006-2007 exports were controlled from falling and significant investment was made in value-added expansion and in Balancing-Modernization- Replacement (BMR).About 10 % of the world cotton crop is produced in Pakistan, making it the fourth largest producer in the world. The textile industry currently accounts for almost 67% of Pakistan's exports, 20% of value-added production and employs 35% of manufacturing labor.
Background
Textiles are classified according to their component fibers into silk, wool, linen, cotton, such synthetic fibers asrayon, nylon, and polyesters, and some inorganic fibers, such as cloth of gold, glass fiber, and asbestos cloth. Value or quality in textiles depends on the quality of the raw material used and the character of the yarn spun from the fibers and the density of weave and finishing processes. The weaving of carpet and rugs is also branch of the textile industry.
Since independence, Pakistan has its pedigree in being an agrarian state with home-grown cotton supply. In 1947, two textile mills were set up in the country as a colonial heritage. However, the ...

... middle of paper ...

...o restrictive government policies on import of polyester and poor administration of import duties and duty rebates schemes. Also there was lack of access of finance as the banking system supports large scale firms.
Conclusion and Recommendation
The following steps can be taken to improve the Textile Industry of Pakistan.
• The government should initiate a cluster-based textiles vision.
• The Efficiency and Productivity should be increased
• supply chain management should be improved.
• Government should coordinate with private sector to introduce new supporting policies.
• Formal and Modern training should be given in institutions to increase awareness.
• Building Logistic Capabilities.
• Client Rekationship management.
• Efficient forecasting and inventory management.
• Investing in IT infrastructure and compliance.
• Improve Quality.
• Perfom extra-ordinarily

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