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The cotton and textile industries play a dominant role in exports; [14] cotton accounts for 55 percent of the country's export earnings, and Pakistan has a 14% share of the world's cloth exports. [2] The European Union (EU) granted Generalized System of Preferences "Plus" status to Pakistan in 2013, which has promoted textile exports to the EU.
Cotton is the largest segment of textile production. Other fibers produced include synthetic fiber, filament yarn, art silk, wool, and jute. [8] Cotton: Cotton spinning is perhaps the most important segment in the Pakistan textile industry with 521 units installed and operational. [8]
Cotton is the raw material required for this industry. They also employ women for the production of fine hand woven carpets and for the production of wool silk or a mixture of the two, as the carpets are of great significance which generates equal economic opportunities. It is valuable for gross domestic product of country.
Mian Muhammad Mansha, a business tycoon and one of the richest man in Pakistan, [4] is the most famous personality in this industry. Pakistan is the 5th largest producer of cotton in the world and the 8th largest exporter of textile products in Asia. [5] [6]
Pakistan is the 4th largest producer of cotton with the third largest spinning capacity in Asia. It contributes 5% to the global spinning capacity. At present, there are 1,221 ginning units, 442 spinning units and 124 large spinning units in addition to 425 small units which produce textiles. Pakistan is the third largest consumer of cotton.
[9] [10] Sussi is thin handloom fabric made of cotton, silk, or a blend of the two, with colored warp stripes. Sindh region was known for its production and exports during the Mughal period. Sussi was most often made with red and blue, blue and white, or green and white stripes, but other patterns were also produced.
Sapphire Textile Mills Limited, also known as Sapphire Group, is a Pakistani vertically integrated textile manufacturer, producing cotton yarn, fabric, and finished garments. [2] It is based in Lahore, Pakistan. [3]
It is the largest cotton trading exchange in Pakistan. History. Founded in 1933, it is the oldest commodity exchange in Pakistan. [2] Building. The ...