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In recent years, Pakistan has faced competition from regional players including Bangladesh, India and Vietnam. In the past decade, Pakistan's share in global textile market decreased to 1.7 percent from 2.2 percent, Bangladesh saw an increase from 1.9 to 3.3 percent and India from 3.4 to 4.7 percent. Barriers to growth include:
The Adamjee Group in December 1949 presented the government of Pakistan a proposal for the jute plant. The capital for the mills were to be provided by Adamjee Brothers and the Pakistan Industrial Development Corporation 50-50 equally. Siddhirganj was chosen as the site of mill due to the good river, road, and rail communication facilities.
In 1951, Haji Muhammad Din died after a brief illness and the family struggled to manage the labor-intensive leather business and eventually transitioned to trading yarn between Dhaka and Karachi in 1953. [4] By the early 1960s, the family had established a stable yarn business and opened their first textile mill in Jessore, East Pakistan, in ...
Although there was concern, noted in an IMF report, that the WTO's Multi Fibre Arrangement, the Agreement on Textiles and Clothing (ATC), phase-out would shut down the textile and clothing (T&C) industry, [48] the Bangladesh textile sector actually grew tremendously after 2004 and reached an export turnover of US$10.7 billion in FY 2007 ...
In 1965, Y. M. Khan became the first Pakistani chairman of ICI Pakistan at the age of 38. [3] During Khan's leadership, ICI Pakistan focused on industrial expansion, establishing a textile auxiliaries plant in Karachi, a pharmaceutical factory in Narayanganj in East Pakistan, and acquired the Fuller Paints factory in Lahore which was later renamed as Paintex.
Adamjee Group (Urdu pronunciation: [ˈaː.dəm.dʒiː] AH-dum-jee) is a group of companies headquartered in Karachi, Pakistan. The group was previously headed by Sir Adamjee Haji Dawood. As of 2007, it is unofficially estimated that the owners of Adamjee Group are among the top 40 wealthiest families in Pakistan. [1]
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 .
Chittagong Colony (Urdu: چٹگاؤں کالونی, Bengali: চিটাগাং কলোনি) is a neighbourhood in Karachi, Sindh, Pakistan. The name comes probably because people of Chittagong origin might have settled there first. [1] Mostly Bangladeshi things dominate this, which is part of S.I.T.E. Town in the west of the city.