Pakistan is the eighth biggest exporter of textile goods in Asia. It is the fourth largest manufacturer and the third-largest purchaser of cotton. It comprises 46% of the total manufacturing sector and it also gives occupation to 40% of the overall workforce. Around 5% of the aggregate companies of textile are registered on the stock exchange of Pakistan.
Pakistan’s textile industry is ranked amongst the topmost in the whole wide world. Cotton-based textile materials add over sixty percent to the whole exports, accounts for forty-six percent of the aggregate business manufacturing, and provide worker’s employment to around forty-five percent in the manufacturing workforce.
The accessibility of a low-cost labor force in addition to simple raw cotton such as raw material for the material industry is playing the most important part in the progression of the Cotton in Pakistan textile industry.
Pakistan has a lot of intrusiveness of textiles, and around thirty percent of Pakistan’s workforce is depending upon the textile sector. Subsequently, after India, China, and Bangladesh, Pakistan is the fourth leading producer and manufacturer of cotton in the whole world.
There is a large spinning capability in Pakistan and it also plays a major and important part in textiles. Wholesale Apparel Cloth Retailer, Textile Machinery and Mills Exporters and Textile Fiber Raw Material Importers of Textile Business from Pakistan.
The sector of Textile industry In Pakistan has a large effect on the economy of the business and other more economies which are contributing to the Pakistan GDP it is backing the Pakistan industry by 57% To the Country Exports according to the Government of Pakistan Ministry of Textile Industry.
In Latest Ages, Faisalabad Textile Industry in ranking on top in Pakistan. Cotton Yarn Textiles and Apparel Cloth Garment remained the foremost attention of the business of cloth. Because of the huge volume of agro cotton yarn produced in the country its fourth part in across the world subsequently after India and China.
At hand, there remain So Many Textile Mill, Spinning Mill, Weaving and Knitting Mill, Textile Processing Unit, Textile Machinery, And Dyeing and Printing Industry have Industrialized Also developed in Former Five Year.
The textile industry of Pakistan is contributing to more than sixty percent of the countries aggregate exports according to the economic survey of Pakistan of the ear 2012-2015. The percent is contributing to around six billion US Dollars. The ministry of financed issued an article in which they stated that the textile industry of Pakistan is itself establishes around four percent of the aggregate dimension of the total economy
In Asia, Pakistan is the eighth biggest exporter of products of fabric goods. However, in Pakistan Faisalabad textile mills are very much popular and profit-making. Thread is the rudimentary Money making yield of Pakistan. Textile goods are unique and most important and rudimentary social necessities as good as foodstuff. Pakistan is the third major exporter of a cord of raw.
Textile mills in Faisalabad contribute to the Pakistani economy differently. It is responsible for the occupation of thirty-eight percent of the labor power in the nation. This aggregates to several fifteen million.
Nevertheless, the Faisalabad textile industry has multi-skilled workers which are very much equated to that of an untrained worker. Pakistan is the second-biggest supplier of cotton yarn with a twenty-six percent portion of the market international. Seven Textile mills of Faisalabad are included in the top 25 mills that added 21% shares in total national export of $ 25 billion.
.
The top 10 textile mills of Faisalabad are:
- Crescent Textile.
- Chawla Enterprises
- Rashid Textile Printing Industries
- Saab Weaving Textile Mills
- H.J Textile Mills
- Kausar Textile Industries Pvt Ltd
- Okara Corporation Pvt Ltd.
- Nimra Textile Pvt Ltd
- Ihasan Yousuf Textile Pvt Ltd
- Qarni Textiles Ltd
