PAKISTAN: Yarn Manufacturers Face Challenging Times
Textile industry of Pakistan is in a dilemma whether to focus on domestic market whose yarn and fabric consumption is stagnant, or to give attention to the international market which is undoubtedly a slow and a gradual process. Although yarn consumption and imports in countries like India, Bangladesh and China has…
Egytex News Desk
Egytex
It is therefore very difficult for local producers to compete with India on this particular product. However, Mr Shahabuddin strongly believed that trade relations between the two countries could be significantly improved by removing trade barriers which hampers exchange of goods and services.
Experts have recommended that unless the Government of Pakistan encourages small power looms by giving them incentives, improved manufacturing unit cannot be established. Besides, the cottage industry should also be developed and organized so that domestic yarn consumption could be increased.
Source: Fibre2fashion New Desk - India
From the Egytex news archive, first published on 21 May 2008. Figures and names are as reported at the time.
