Related Keywords: import, Pakistan textile, textile machinery, textile manufacturing-cum-exporting sector
Pakistan import of textile machinery grows by $200.714 million which is greater by 58 percent to $548.997 million in July-May 2013-14 as compared to the machinery import of $348.283 million in the same period last fiscal year.
The Pakistan textile industry imported new machinery to replace the dilapidated machinery to boost up production and not for business start ups. The manufactures have scrapped the existing overused machinery with new one.
