Pakistan Textile Industry
Chapter I: Introduction
The research that has been carried out is about is textile industry of Pakistan.
In this report the researchers have tried and highlight the problems that are being faced by the Pakistan’s biggest industry which is Textile Industry. It is known as the biggest sources of export from Pakistan’s prospect and also has made large revenues for Pakistan. This industry is now-a-days in deep troubled waters and the situation is becoming alarming with every passing day. In this report the researchers will point out the problems and also give possible solutions for those problems.
1. i) Objective:
This report’s main purpose is to highlight the significance of the Asia’s 8th largest export industry in context to Pakistan. Also to pin point the problems that are haunting down the revenues and to tell the importance of this industry. Pakistan’s 8.5% of the GDP is based upon this textile industry and is the biggest industry of Pakistan, also the textile industry of Pakistan is the 8th biggest exporter in whole of Asia. It also provides 38% of the employment to the work force of Pakistan. However, this industry is facing a lot of issues these days due to the negligence of Government and if they didn’t do anything about these problems it may turn out to be disasters. The facts speak for themselves, the figures are quite self evident that the textile industry is of great significance.
1. ii) Scope:
Talking about the scope of this report, Its worth is realized & recognized nationally and internationally. This industry covers up the local as well as the international markets. Its scope is quite vast, National context as we all know that it is one of the biggest industries of Pakistan and internationally in a sense that we export the products of this industry to certain countries and if the exports are cut down then it will also have an impact on other countries.
This shows that large exports are based on the textile industry
The research that has been carried out is about is textile industry of Pakistan.
In this report the researchers have tried and highlight the problems that are being faced by the Pakistan’s biggest industry which is Textile Industry. It is known as the biggest sources of export from Pakistan’s prospect and also has made large revenues for Pakistan. This industry is now-a-days in deep troubled waters and the situation is becoming alarming with every passing day. In this report the researchers will point out the problems and also give possible solutions for those problems.
1. i) Objective:
This report’s main purpose is to highlight the significance of the Asia’s 8th largest export industry in context to Pakistan. Also to pin point the problems that are haunting down the revenues and to tell the importance of this industry. Pakistan’s 8.5% of the GDP is based upon this textile industry and is the biggest industry of Pakistan, also the textile industry of Pakistan is the 8th biggest exporter in whole of Asia. It also provides 38% of the employment to the work force of Pakistan. However, this industry is facing a lot of issues these days due to the negligence of Government and if they didn’t do anything about these problems it may turn out to be disasters. The facts speak for themselves, the figures are quite self evident that the textile industry is of great significance.
1. ii) Scope:
Talking about the scope of this report, Its worth is realized & recognized nationally and internationally. This industry covers up the local as well as the international markets. Its scope is quite vast, National context as we all know that it is one of the biggest industries of Pakistan and internationally in a sense that we export the products of this industry to certain countries and if the exports are cut down then it will also have an impact on other countries.
This shows that large exports are based on the textile industry
Bibliography: * Economic Review - NBP( 2009) * Pakistan and Gulf Economist. * http://www.epb.gov.pk * http://www.fpcci.com.pk * PAKISTAN CLOTH MERCHANT ASSOCIATION (PCMA) * http://www.pakboi.gov.pk * http://www.wikipedia.com * http://www.google.com.pk