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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.
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Nishat Mills Limited (NML) is a Pakistani textile company based in Lahore. [2] It produces yarn, linen, and other products made from raw cotton and synthetic fibers. [3] It is one of the largest textile companies of Pakistan. [4] [5]
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.
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.
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.
As Bengali nationalism grew, the family decided to invest in West Pakistan and established a spinning mill in Bahawalpur in 1966. [4] Political instability in East Pakistan led the family to move to Karachi in 1970, where they acquired the Sapphire Textile Mill in Kotri , Sindh , in 1971, and later used it as the group identity.
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]