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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.
Pakistan's industrial sector (in FY21) accounts for 28.11% of the GDP. Of this, manufacturing makes up 12.52%, mining constitutes 2.18%, construction makes up 2.05%, and electricity and gas 1.36%. The majority of industry is made up of textile units, with textiles contributing $15.4b to exports, making up 56% of total exports.
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]
In this industry, also, medium scale factories contract work out to small-scale and cottage concerns. Also like the sports goods industry, most of the output is exported. Sialkot is the biggest surgical maker in the world and India, America, Australia and many other countries are importers of surgical instruments from this city.
The textile industry in India traditionally, after agriculture, is the only industry that has generated huge employment for both skilled and unskilled labour in textiles. The textile industry continues to be the second-largest employment generating sector in India. It offers direct employment to over 35 million in the country. [25]
The All Pakistan Textile Mills Association (APTMA) is an association for Textile industry in Pakistan.APTMA represents over 400 textile mills in Pakistan. [2]The textile industry is Pakistan's largest industry and textile is the most important export of Pakistan. [3]
The commerce and industry in Karachi represents major economic activities in Pakistan. Pakistan ranks 40 among the countries of the world in nominal GDP, and number 55 in the world in factory output. Pakistan's industrial sector accounts for about 24% of GDP. Industry is the production of goods or services within an economy. [1]
Sapphire Textile Mills Limited, also known as Sapphire Group, is a Pakistani vertically integrated textile manufacturer, producing cotton yarn, fabric, and finished garments. [2] It is based in Lahore , Pakistan.