Related Keywords: carpet export decline, hand-made carpet export, Pakistan carpet sector, PCMEA
Pakistan witnessed a sharp decline of more than 60 percent in carpet export during the last six years due to acute shortage of electricity, bad law and order, inflation, shortage of skilled labour force and high mark-up rate. Hand-made carpet export has dropped to $120 million from $300 million, depriving almost 0.5 million people of their employment. Pakistan Carpet Manufacturers and Exporters Association (PCMEA) Major Akhtar Nazir Khan Cooki (Retd) and Vice Chairman (North Zone), Kamran Razi said on Saturday.
