Government must establish more textile cities Textile sector is the backbone of Pakistan export economy. Comprises of 391 textile mills, Pakistan is the world’s fourth largest producer of cotton and third largest consumer. It contributes 8.5 percent of GDP and employs 38 percent of the workforce in the manufacturing sector. But Pakistan textile industry is mainly beset with the major problems like energy crisis, lack of value addition and …
Read More »Beleaguered textile trade
Immediate incentives, policy change can revive the exports of Pakistan Pakistan’s share in global textile trade dropped from 2.2 to 1.8 percent during last five years and the share may further reduced to 1.5 percent by 2020 if the sector was not made competitive in the region in respect of power supply, reducing cost of doing business and giving relief in taxes. Pakistan as compare with other states in …
Read More »Handicraft skills in rural Balochistan a likely boost for textile growth
Disregard of women’s rights stay put; govt should reform women empowerment policies in the province Under the 1973 constitution, all citizens of Pakistan are equal, with no distinction based on gender alone but unfortunately constitutional guarantees of equality have not been enforced in actual practice all across the country. In Balochistan, enforcement of the law is the real challenge. It has been observed on ground that force of custom …
Read More »Chenone — Expanding business across Pakistan, Middle East, Europe & America with unmatchable brand in the market
Interview with Mian Kashif Ashfaq – CEO, ChenOne Stores Ltd PAGE: ChenOne has carved a respectable place in the market, what is the market share of your brand in Pakistani market? Mian Kashif: ChenOne is the pioneer in lifestyle and fashion brand. Briskly engaged in a vast product mix including men, women, kidswear, home textiles, while to date there is no other brand in the country with such a …
Read More »Pakistani rice, agriculture products entering into Eastern markets and Russia
Pakistan’s total export volume is estimated at around $25 billion per annum, which is mainly consists of cotton and textile products while the global economic slow down has also an impact on the exports which are being witnessed on a decline. However, apart from external factors some of the major issues including energy shortages, such as gas and frequent loadshedding and of course the high tariff rates are some …
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