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Why Pakistan

January 6, 2016adminUncategorizedNo comments

The Textile industry in Pakistan is the largest manufacturing industry in Pakistan. It has traditionally, after agriculture,been the only industry that has generated huge employment for both skilled and unskilled labor. The textile industry continues to be the second largest employment generating sector in Pakistan. Pakistan is the 8th largest exporter of textile products in Asia. This sector contributes 8.5% to the GDP and provides employment to about 15 million people or roughly 30% of the 49 million workforce of the country. Pakistan is the 4th largest producer of cotton with the third largest spinning capacity in Asia after China and India, and contributes 5% to the global spinning capacity. Despite the continuing challenges, the political situation has improved in the aftermath of the federal and provincial elections held in May 2013, which has led to a more stable outcome than expected. Indeed, the election marked the first democratic handover in Pakistan’s history and may stimulate more effective governance and policy-making in the coming years, which, in turn, should encourage investment and job creation. The cost of labor is still lower in Pakistan than other clothing producing countries and allows us to offer a lower competitive price.

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