Documente Academic
Documente Profesional
Documente Cultură
GROUP MEMBERS
ABBAS QURESHI
FARHAN NAWAZ
AGENDA
Textile Vision 2006
History
Importance
Global scenario
Economic Profile
Textile Cities
Structure of the
Industry
Export & Import
AGENDA
Investment
Government Policies
SWOT Analysis
Textile Cities
WTO Effects
Environmental
Program
Problems
Recommendations
TEXTILE VISION 2006
An open, market driven, innovation & dynamic
textile sector, which is:-
Internationally Integrated.
Globally competitive.
Fully equipped to exploit the opportunities created by the
Multi Fiber.
HISTORICAL BACKGROUND
In 1959, the 9 largest industrial houses accounted for 50 percent of the total
production.
Between 1960 and 1970 Pakistan’s textile industry enjoyed over 11 percent of
the world market share but today the corresponding figure is only slightly over 2
percent.
In the nineties and the early 2000s a textile manufacturers were making large
profits by merely trading quotas rather that diversifying into higher value-added
products where quotas were not required.
The period between 1958 to1968 is popularly known as the “decade of
development”. The economy, especially industry experienced a relatively higher
growth rate during the Ayub Regime.
The decade of development was followed by the Bhutto years from 1972 to
1977. His regime was characterized by the nationalization of the large scale
manufacturing sector, insurance companies and banks.
HISTORICAL BACKGROUND
During the nineties a combination of factors adversely effected the
industry, mainly:
1. Removal of export duty on raw cotton, increasing domestic prices
to international levels and beyond.
2. Infestation of the cotton crop by leaf curl virus, reducing supply
sharply and increasing prices.
3. Frequent changes in governments creating inconsistency in
policies of the Government and Financial Institutions.
4. Rapid expansion of the installed industry in the hands of new
entrants who did not have the managerial skills or the liquidity
base to succeed.
5. Rapidly changing global markets, especially the shift towards man
made fibers.
IMPORTANCE
The textile and clothing industry is the backbone of Pakistan's
economy.
Textile products are a basic human requirement next only to food.
4th largest Producer of Cotton
INDIA $- BILLION
INDONESIA $9 BILLION
ECONOMIC PROFILE
Cotton textile is the largest industry of Pakistan.
The Textile Vision 2005 emphasized for the need to diversify towards
vital non-quota markets including Japan, Hong Kong and the Middle
East.
The inflow of foreign direct investment (FDI) almost doubled from $2.1
million in July-March 1999-2000 to $4.0 million in July-March 2000-01.
Investment And Imports
DEREGULATION STRATEGY
FOR INVESTMENTS
Lack of infrastructure.
Policies for revival of sick mills have the sole objective to accelerate the
production and exports.
Poor quality
Low productivity
Quota abolition will create opportunities, but will increase competition in the
international markets.
Only 10% of the local exporters are mentally prepared to meet the WTO
challenges (Chairman Export Promotion Bureau (EPB) Tariq Ikram).
ENVIORMENTAL PROGRAM
The sector is facing the challenge of conforming to
international quality standards and abiding the given
legislations.
Lack of Infrastructure
Lack of synergy
Inefficient industry
Cotton
RECOMMENDATIONS
Remedy though FDI
Average
2876
2006 - 07
Rs Per Maund
Average 2326
In conclusion we take this opportunity to
express our gratitude to our respectable
Instructor
Mr. AFAQ ALI KHAN for the valuable
guidance and efforts granted by him to
our team which will definitely leads to
achieve the goal of success in
presentation on
“TEXTILE INDUSTRY”.