Compiled By: Mirza Rohail B http://economicpakistan.wordpress.com/2008/02/06/textile-industry/ Historically‚ Pakistan’s textile industry and clothing sector has always been a major contributor to the foreign exchange earner and still contributes about 55% to the total export proceeds. The Economist reports that Pakistan is the 4th largest producer of cotton in the world and the 6th largest importer of raw cotton‚ the 3rd largest consumer of cotton‚ and the 1st largest exporter of cotton
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Textile industry of Mumbai Girangaon (Marathi: गिरणगाव‚ literally "mill village") was a name commonly used to refer to an area now part of central Mumbai‚ India‚ which at one time had almost 130 textile mills‚ with the majority being cotton mills. The mills of Girangaon contributed significantly to the prosperity and growth of Mumbai during the later nineteenth century and for the transformation of Mumbai into a major industrial metropolis.[1] Girangaon covered an area of 600 acres (2.4 km2)‚ not
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The textile industry or apparel industry is primarily concerned with the production of yarn‚ and cloth and the subsequent design or manufacture of clothing and their distribution. The raw material may be natural‚ or synthetic using products of the chemical industry. Cotton is the world’s most important natural fibre. In the year 2007‚ the global yield was 25 million tons from 35 million hectares cultivated in more than 50 countries.[1] There are five stages[2] Cultivating and Harvesting Preparatory
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The Diamond model of Michael Porter for the Competitive Advantage of Nations offers a model that can help understand the competitive position of a nation in global competition. This model can also be used for other major geographic regions. Traditionally‚ economic theory mentions the following factors for comparative advantage for regions or countries: A. Land B. Location C. Natural resources (minerals‚ energy) D. Labor‚ and E. Local population size. Because these factor endowments can
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most important factors in marketing are “location‚ location‚ and location.” Finding the right country for selling products or services is critical to the success of a global entrepreneur. In the previous module‚ we examined how to find attractive industries. Now our attention is turned to finding attractive countries for our products and services. Before turning attention to the internal resources that can cause a country to be attractive for entrepreneurial activity‚ it is important to understand
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Indian Textile Industry The textile industry is the largest industry of modern India. It accounts for over 20 percent of industrial production and is closely linked with the agricultural and rural economy. It is the single largest employer in the industrial sector employing about 38 million people. If employment in allied sectors like ginning‚ agriculture‚ pressing‚ cotton trade‚ jute‚ etc. are added then the total employment is estimated at 93 million. The net foreign exchange earnings
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2. Briefly describe the following current issues that affect the industry: a. Globalisation – design‚ manufacture‚ distribution and marketing Globalisaation: -Increasing worldwide connection‚ integration and inter-relationships in the economic‚ social‚ technological‚ cultural‚ political and ecological spheres. -Advances and development of technology create links between people of all cultures and integrating whole earth one global system. * Globalisation in Design: * Global migration
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Indian textile industry - An overview textile industry in India is one of the hopeful divisions of Indian market. It supplies more than thirteen percent to trade production‚ 16.63 percent to export revenues and four percent to the nation’s GDP. In the forth coming year‚ the industry is to make approximately twelve million career opportunities with a venture of US dollar six billion in the field of textile tools and structure‚ and garment manufacturing by the end of 2015. Union ministry of Textiles
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* Low cost of online advertising | Related Supporting Industries | Communication and Broadband Industry- * Launch of 3G and 4G services in India * Strong number of broadband users (13.81 million users as of 2012) Banking Industry- * Evolution of internet banking and mobile banking * 48% of transactions are taking place through electronic modeLogistics Industry * Improving Logistics and Supply chain industry * Presence of global players like DHL‚ DTDC‚ Blue Dart |
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Firm-Level Survey Rashid Amjad*‚ Ejaz Ghani**‚ Musleh ud Din*** and Tariq Mahmood**** Abstract This study attempts to evaluate exporters’ perceptions of the problems they face in exploiting their full competitive potential in the international market. Using firm-level survey data‚ we find that a shortage of skilled labor‚ the energy crisis‚ institutional rigidities‚ market imperfections‚ and weaknesses in physical infrastructure are the key impediments to achieving export competitiveness. Policies geared
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