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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.
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] Mian Muhammad Mansha, a business tycoon and one of the richest man in Pakistan, [4] is the most famous personality in this industry.
Cotton is the largest segment of textile production. Other fibers produced include synthetic fiber, filament yarn, art silk, wool, and jute. [8] Cotton: Cotton spinning is perhaps the most important segment in the Pakistan textile industry with 521 units installed and operational. [8]
Sapphire Textile, also known as Sapphire Group (Urdu: سفائر), is a Pakistani vertically integrated textile manufacturer, producing cotton yarn, fabric, and finished garments. [2] It is based in Lahore, Pakistan. [3]
The group dates back to pre-Partition India. Founded by a Memon family, Gul Ahmed began trading in textiles in the early 20th century. [1]In 1953, the group decided to enter the field of manufacturing under the name Gul Ahmed Textile Mills Limited, and was incorporated as a privately limited company.
It is the largest cotton trading exchange in Pakistan. History. Founded in 1933, it is the oldest commodity exchange in Pakistan. [2] Building. The ...
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