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The father of nation Quaid-e-Azam Muhammad Ali Jinnah came here in July 1948 and attended the opening ceremony of Valika Textile Mills, the first textile mill of Pakistan. [2] Moreover, the Valika family also established many hospitals and schools, the most notable being Valika Hospital.
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.
Valika Textile Mills was the first to locate here in 1947 and the founder of Pakistan Muhammad Ali Jinnah was asked to lay the foundation stone of it. [3] One of the international companies, for example, located at SITE Karachi is Exide Pakistan Limited which manufactures and markets automotive batteries. [6]
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]
In 1947, Valika setup the first textile mill of Pakistan near Metroville, Karachi.It was inaugurated by Muhammad Ali Jinnah. [6] [7]In 1959, Valika founded the United Insurance Company of Pakistan which was later listed on the Karachi Stock Exchange.
KARACHI, Pakistan (AP) — A Pakistani guard shot and wounded two Chinese nationals working in a textile mill in the southern port city of Karachi on Tuesday, but authorities said the attack was not related to militant violence. China has frequently demanded better security for its nationals working in Pakistan.
Burewala Textile Mills, acquired in 1957 from Pakistan Industrial Development Corporation and later merged into Dawood Lawrencepur Limited in 2004 [6] [7] Central Insurance Company, now known as Cyan Limited [8] [9] Dawood Mines, it was established with a paid-up capital of Rs. 0.5 million and was involved in coal mining [10] [11]
Textile exports were recorded at $11.625 billion in 2014-2015. In 2015-2016, this number had dropped 7.7% to $10.395 billion. [10] The Pakistan Textile Exporters Association recently requested the government to take significant measures to ensure the growth of textile exports and sustain the employment provided by the sector.