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The textile industry is Pakistan's largest manufacturing sector, employing nearly 25 million people. [1] [2] As the eighth largest exporter of textile commodities in Asia, the industry contributes 8.5% to the country's Gross domestic product. [3] It accounts for about 45% of the total labor force and 38% of manufacturing workers.
The Pakistan Textile City, situated in Karachi, Sindh, is an industrial zone dedicated to textile processing and related industries. Established in 2009, it spans 1,250 acres, [ 1 ] and is strategically located within the North Western Industrial Zone of Port Qasim , just 6 km from the N-5 National Highway .
Pages in category "Textile industry of Pakistan" The following 10 pages are in this category, out of 10 total. This list may not reflect recent changes. ...
The textile industry is Pakistan's largest industry and textile is the most important export of Pakistan. [3] Mian Muhammad Mansha , a business tycoon and one of the richest man in Pakistan , [ 4 ] is the most famous personality in this industry.
Masood Textile Mills (MTM) (Urdu: مسعود ٹیکسٹائل ملز) is a Pakistani textile manufacturing company based in Faisalabad. [1] It has yarn, yarn, knitting, fabric dyeing, processing, laundry and apparel manufacturing facilities. It is publicly listed on the Pakistan Stock Exchange.
The cotton and textile industries play a dominant role in exports; [14] cotton accounts for 55 percent of the country's export earnings, and Pakistan has a 14% share of the world's cloth exports. [2] The European Union (EU) granted Generalized System of Preferences "Plus" status to Pakistan in 2013, which has promoted textile exports to the EU. [9]
Pakistan, which had almost no large industrial units at the time of partition in 1947, now has a fairly broad industrial base, and manufacturing accounts for about 17 percent of GDP. Cotton textile production is the single most important industry, accounting for about 19 percent of large-scale industrial employment.
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion. [11]
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