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Pakistan textile industry likely to face threat over Indian textile package

Related Keywords: announced billions of dollars packages for their industries, attract more investment, compete world market, comprehensive textile package, facilitate domestic industry, in absence of textile package, India competitor of Pakistan, Pakistani textile exporters, urged federal government

In the current situation, when India competitor of Pakistan have announce billions of dollars packages for their industries. Pakistani textile exporters, in absence of a textile package have urged the federal government for a comprehensive textile package to facilitate the domestic industry, attract more investment in the sector and also to compete in the world market, said Shabir Ahmed, Patron-in-chief Pakistan Bedwear Exporters Association.

Pakistani textile exporters unable to firm up its exports in US market

Related Keywords: expanding at fast pace, face subdued global demand, in US market increased, lose share in cotton apparel market of US, losing share in US market, manmade fiber products, other exporting countries, overall import demand for textile and apparel, Pakistan unable to firm up exports, Pakistani textile exporters, State Bank of Pakistan

In the US, Pakistani textile exporters are losing their share to other exporting countries such as India, Vietnam and other competitors. Although in the US market the overall import demand for textiles and apparel increased during July-September 2015, Pakistan had not been able to firm up its exports, according to the State Bank of Pakistan (SBP) in its first quarterly review released a day ago.

It said that following the trend in previous years, the demand for cotton textile, which constitutes the bulk of Pakistan’s exports, continued to decline in the US market.

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