Textile Industry

Pakistans cloth and Clothing Industry Facts and Importance of Pakistans Textile Industry in Pakistans Economy: Textiles and Clothing, no precariousness is the largest industrial sphere of Pakistan from the investing, employment and export point of view. It accounts for most 27 percent of integrality industrial output, absorbs well-nigh 38 percent of industrial labor force, and contributes around 60 to 65 percent to export earnings [Pakistan Economics Survey]. The textile area continues its commendable performance in the last can of pecuniary year 2009-10 and is expected to make higher profits, according to analysts. In the large mills sector the snatch of spinning units is 459 with 9.59 one thousand million spindles and about 146640 rotors. The total numbers of composite units are about 56, independent weaving units are about 140 with 23652 shuttles without looms and the total numbers of finishing units are 106. Compared to all these numbers, the highest numbers of units are in the clothing sector, which are about 600 units. Despite the highest number of units and employment opportunities in the clothing sector, the investments are lowest in the sector, as low as 4.8 percent compared to spinning that attracted an investment of 47 percent.

Labour costs in clothing sector are among the worlds lowest because 25 to 30 percent of total employment in this sector is contributed by females workers, but the quality and productivity are generally low. well-nigh World: Pakistans share is almost negligible in worlds market. According to Pakistans Journal of Textile tax added exports, with a 53% share in total textile exports, have already grown by 5% in the first two months of the fourth quarter compared with the third quarter of fiscal 2010.  Yarn exports on average have declined by 7% in April to May against the third quarter. The decline in yarn export revenues will not dent the sector because of rising value added exports which fetch better margins, said JS... If you deficiency to get a full essay, order it on our website: Orderessay

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