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PRLog (Press Release) –
Feb 14, 2007 – The textile and clothing industry is the backbone of Pakistan’s economy. In addition to being the country’s largest industrial sector, it accounted for no less than 68% of export earnings in 2003/04. As such it enjoys strong support from the government which is keen to foster the sector’s growth. The government’s Textile Vision 2005 study has provided much of the thinking behind future development. The aim is to make Pakistan one of Asia’s top five textile and clothing exporting nations. At present it ranks eighth. Pakistan’s role as one of the world’s leading cotton producers has provided the basis for the textile and clothing industry’s development, although there has been a move towards the use of man-made fibres in line with evolving consumer preferences in world markets. Much of the sector has serious weaknesses—including outdated technology, poor quality and low productivity—
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