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Pakistan upgrades textile value chain

Pakistan is helping the entire chain of the textile sector to adopt and upgrade to new technology. A textile corner will be set up which will provide guidance and awareness to exporters to adopt new technologies in order to improve the quality of their products. It will also help in sensitizing textilers to promote value addition and earn more profit from their exportable surplus. The textile corner is meant to bridge the gap between industry and academia. Funds have been allotted to carry out research activities and bring about a qualitative improvement in industry-academia linkages.

Textile experts hailing from different sectors will visit this corner and advise concerned industrialists on solving their immediate problems. In some areas textile testing facilities are scarce and exporters have to send their products for this purpose to foreign laboratories. This process is very costly and time consuming. So such facilities will be set up wherever possible.

The textile industry is the biggest industry of Pakistan, earning foreign exchange worth $12 billion per annum for the country. However, the country’s textile exports have been declining for many years due to international recession coupled with energy crisis and inconsistent domestic policies.

 
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