Geography: The Islamic Republic of Pakistan

1539 Words4 Pages

Ch#3
 Industrial analysis:
Pakistan is the 8th major exporter in Asia of textile products. This zone contributes 9.5% to the GDP and to about 15 million people gets employment. Pakistan is the 4th biggest producer of cotton, behind china and India has the third biggest spinning capacity in Asia and it contributes 5% of it to the international spinning capability. Cotton is the essential Cash crop of Pakistan. Textile products are one of the basic human requirements after foods.

For Pakistan which was one of the top cotton producers in the world, the growth of a textile Industry utilizing cotton rich resources has been a example towards industrialization. Textile products producing units are following:

• 1,221 ginning units
• 442 spinning units
• 124 large spinning units
• 425 small units.
The textile industry total export is approximately 10.2 billion US dollars. The textile industry contributes something like 9.5 % of the country’s GDP and foundation of Pakistan’s exporters comprising 52% of total exports and also represents the principle employment generating opportunity in the planned and big scale industrial segment.
In 2008-09 economic survey of Pakistan textile industry contributes more than 60% total exports in a country, which amounts is about 5.2 billion US dollars. According to the Economic Survey of Pakistan in 2012, according by the finance ministry, the textile industry itself constituted about 4% of the total size of the economy.
All Pakistan Textile Mills Association (APTMA) determines the rules and regulations in the Pakistan textile industry.APTMA is the premier national trade association of the textile spinning, weaving and composite mills.APTMA represents 391 textile mills out of which 309 are spinning, 4...

... middle of paper ...

...:
Pakistan’s textile industry is facing one of the toughest periods in decades. The global recession which has hit very badly the global textile is not the only reason for decline. Serious internal problem like the hike in electricity tariff, the enlarge in interest rate, energy crisis, deflation of Pakistani rupee, increasing cost of inputs, political insecurity, removal of financial support & internal quarrel, high cost of production are the main reason of decline.

Works Cited http://www.fibre2fashion.com/news/textile-news/pakistan/newsdetails.aspx?news_id=161412 http://tribune.com.pk/story/522292/statistics-on-textile-industry-in-pakistan/ www.scribd.com/doc/24975694 http://www.paksearch.com/TOC_TextileComposite.html

http://economicpakistan.wordpress.com/2008/02/06/textile-industry/

http://www.rcci.org.pk/wp-content/uploads/2012/12/gtopti.pdf

Open Document