After the separation of East PakistanCotton Export Corporation of Pakistanwas established which meant that mostof the private sector work was takenover by the state. Newly established mills were based upon imported technology but there were lack of technical staff and shortages of capital. The end product of the ginning is used to make yarn. In Pakistan 2010 to 2011 the situation of Pakistan Textile industry is that they could not fulfill their foreign orders due to shortage of Cotton then they import 14 million bales of Cotton from India to fulfill the orders. In January, 2010Government imposed a quota of 50 million kg per month for export of yarn.
Textile fibers are divided into three basic typesaccording to their sources such as cotton fiber, manmade fiber and wool. These spinning mills suffer from low productivity and low quality. The shortage of cotton crop in China increased the prices of cotton. Pakistan Textile Industry Textile Industry in Pakistan — Introduction: The Textile industry increases in the cotton production and expansion of textile industry has been impressive in Pakistan since 1947. The year 2009 was dismal period. Frequent changing of the government has adversely maligned the policies of the textile sector. The government manages the deficit through daily power cuts or blackouts.
Table 2: Distribution of Age Statistics Age N Valid 180 Missing 0 Age Frequency Percent Valid Percent Cumulative Percent Valid 15-25 133 73. This article has an unclear citation style. Capital Base Another strength of the company is the availability of the capital as the company is owned by a very rich family. The production capacity is more than 100million Sq. A number of industries and work opportunities are directly orindirectly related with Textile Sector. Pakistan is the 8th largest exporter of textile commodities in Asia and textile sector contributes 8.
His over all image in the company is that of a honest and caring person. Chinese, in particular, have procured huge quantities of yarn from Pakistan, even though they are the fiercest competitor of Pakistan in the world market. The industry is bracing for more trouble ahead with continuing crises of electricity and gas, international market access, global economic slowdown, and adverse travel advisories. According to some experts, textile industry in the country is confined to spinning. Since the reduction in quota, local availability has improved. During the years between 1993 and 1998, production of yarn in quantity terms registered a steady annual growth rate of 302% in Bangladesh and 405% in India. The most import party involved in the buying of the raw cotton and the sale of cotton yarn is the middleman that is the broker.
The silk from the region, for example, is known to have been popular in Rome, Egypt, Britain, and Indonesia. The Textile and Clothing Industry has been the main driver of the economy for the last 50 years in terms of foreign currency earnings and jobs creation. Historically, the Indus valley region engaged in significant trade with the rest of the world. The garments manufacturing segment generates the highest employment within the textile value chain. In quantity term the exports of synthetic rose by 108. It has not formed the part of another project work submitted for award of any degree or diploma, either in this or any other University. In 1947, the number of spinning factories were 6 only, and now it is increased in number to 503,mainly because of reduction in duties.
Enhanced Government RevenuesAny industrial development is bound to increase government revenues. However, currently thisindustry is facing great decline in itsgrowth rate. The printing segment dominates the overall processing industry followed by textile dyeing and fabric bleaching. Nice to Meet you I would appreciate if you can reply me back mariamnasrin2 gmail. In the same time spindles increased from 177,000 to 805 million. This will help industry to grow and come out of the stagnation. Firstly the production of yarn and fabric are constantly on rise in Asia China, Pakistan and India as well as in South America.
During January 2010, 56 million kg was exported as appropriate measures to give effect to quota were not put in place in time. Office Automation Use of Information technology is very limited. The clothing trade is growing at a faster rate. This industry is now-a-days in deep troubled waters and the situation is becoming alarming with every passing day. The only criterion for increments is your relations with the Managing Director or chairman. This force Pakistan to remain exporter of low quality intermediate products likes yarn and grey cloth.
Weaving comprises of small and medium sized entities. · 5% custom duty on imported machinery if not manufactured locally. Such arrangement even effects the performance of that person because in above case Mr Nadeem Naz is basically an accountant by profession and he has to look after the exports. Accordingly, the quota was reduced to 35 million kg per month with effect from 1st March, 2010. In 2015-2016, this number had dropped 7. These exports inflated with the growth rate of 16% in 2006, but it's share in overall export of the country has turned down from 67% - 55% in 1997 - 2008 respectively Conclusion: Now, this is the era of high competition globally, industries are upgrading their operational techniques to outperform their competitors. Over the years, Pakistan is said to be the single crop economy i.
The increased demand of yarn export created problem of yarn availability in the local market. The Pakistan Textile Exporters Association recently requested the government to take significant measures to ensure the growth of textile exports and sustain the employment provided by the sector. The first two chapters of the report feature the country profile by giving general information on Pakistan and by thoroughly studying its economic state, including key macroeconomic indicators and their development trends. But now this process has been changed. Majority of them are post graduates, position at middle level management and have average experience between 10-19 years. References Textile industry in Pakistan Ministry of textile industry www.