According to Shaikh Mohammad Shafiq, Chairman, Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA), at present total export of Bangladesh is 33 billion USD out of which textiles is 27.5 billion USD which includes 26.5 billion USD of Garments only. He said, we feel our share has been taken by Bangladesh. We need to fight for it and bring it to our advantage. Their exports are now increasing at 3.5 billion USD / Year and expected to hit 50 billion USD / Year by 2020, and whatever they have been giving in their budget estimate in last three years is coming true.
Pakistan ranks 138 out of 189 on ease of doing business, while last year it was 136. The cost of making garment in Pakistan is almost double ie, US $2.7 in Pakistan and US $1.5 in Bangladesh. The 60 per cent cost component of wages has a vital impact which is 2 times in Pakistan, the other costs that includes energy and financials also burdened due to high tariff.
PRGMEA Chairman continued to cite Government must realize that time has gone when raw material used in textiles (yarn, fabric etc) could be exported. This trend is not going to continue and it is the reason Pakistan is facing serious downfall. Countries have to use their raw material and export only possible in the form of finished products ie., Garments. We must believe in concept that countries have to be completely vertically integrated to use their raw materials in completely finished product.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Bharat Tex 2026: Redefining the global textile value chain
Union Minister of Textiles, Giriraj Singh, has officially unveiled Bharat Tex 2026, signaling a significant leap in India’s influence over... Read more
Intertextile Shanghai Spring 2026: A hub for global textile innovation
The textile industry’s pulse is quickening as Intertextile Shanghai Apparel Fabrics – Spring Edition prepares to open its doors from... Read more
Moscow Fashion Week 2026: Blending sustainable innovation with timeless glamour
Scheduled to run from March 14-19, 2026 in Moscow, Russia, the Moscow Fashion Week (MFW) is cementing its status as... Read more
The Store as Stage: How fashion is crafting immersive consumer worlds
The North American fashion retail sector in 2026 is shedding its product-first identity and shifting towards a model that values... Read more
Turning the supply chain upside down, on-demand production reshapes apparel
The global fashion industry, long celebrated for its creativity and scale, is facing a structural reckoning. For decades, retailers and... Read more
Intertex Milano 2026 - A global nexus for textile innovation
Intertex Milano is set to return this summer, confirming its status as a premier international destination for the textile and... Read more
Primark at crossroads as AB Foods weighs spin-off amid digital and Lefties press…
The long-standing supremacy of Europe’s budget fashion champion, Primark, is facing a test. As of February 2026, Associated British Foods... Read more
Vietnam, Bangladesh, Cambodia drive US apparel imports in 2025
The 2025 year-end data for the US apparel sector reveals an industry in structural flux. Despite aggressive tariff measures and... Read more
The New Dress Code: Sportswear’s takeover of modern wardrobes
For much of the last decade, fashion retail has been defined by volatility. Trends have shortened, discount cycles have intensified... Read more
Hemp finds its moment in India’s $500 billion American trade calculus
In the grand arithmetic of India’s expanding trade engagement with the US, the headlines usually gravitate toward oil cargoes, aircraft... Read more












