The Pakistani textile industry depends on domestic agriculture to supply its raw materials. Pakistan is the fourth largest cotton producer in the world, primarily because of its plentiful, native cotton supply; the textile industry is central to the Pakistani economy and is both a source of employment and income and a source of exports. Pakistan's industrialization began in the 1950s with the textile industry at its center. Today, textiles account for 38 percent of total manufacturing and 8 percent of GDP.
However, what we see is that Pakistan’s textile exporters are warning the government that the country’s key foreign exchange spinners have reached the brink of disaster due to the energy crisis and if timely measures are not taken to arrest this trend, regression is perniciously falling down. What we are that Pakistan’s economy is primarily dependent upon its textile industry, its major competitors include China, India and Turkey, however the cost of power is high in Pakistan only. Thus, such a downfall for the Pakistani’s textile industry is not effective. The promises that were made by the previous government in the year2005 should thus be implemented now as well, for further development in the textile industry. According to a source, textile-buying orders worth 700 million dollars are at stake because of load shedding and limited gas supply in the processing factories around the country.
Textile exports earn Pakistan around 10 billion dollars per an-um, which is highest single group’s contribution to the country’s total exports of 19-to-20 billion dollars. Gas load shedding in factories implies an obstacle in the entire value addition chain, observes Ijaz Khokhar, Central Chairman of Pakistan’s Ready-made garments manufacturers and exporters association. The All Pakistan Textile Mills Association is the organization that regulates the textile industry, which is currently facing a number of challenges, including the need to improve quality.
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