Textile Industry in Faisalabad

Faisalabad is the third big city in Pakistan. It was known as Lyallpur in the old times. But this is famous as Manchester of Pakistan. This is the heart of the industrial sector and textiles in the Punjab province. The textile industry in Faisalabad plays a significant role in the textiles. There are many interesting aspects that you should know about it. All of them are described in the following section so read this till the end.

What is the textile industry?

This is an Industry that includes different portions like design, research, development, sourcing, and much more. In 1733, it came into existence due to the innovation of the flying shuttle.

Later on in 1764, a spinning jenny and in 1784 a power loom. As a result, the production of cloth and fabric was done on a massive scale. Nowadays, this is a very complex industry like other industries.

There are different departments that are used for multiple purposes. These are spinning, manufacturing of fabric, wet processing, and much more. Textile products are towels, sheets, garments, etc.

Textile industry in Pakistan:

Pakistan is the fourth-biggest producer and the biggest consumer of cotton. Almost 45% of the labor force works in the textile sector. They are responsible for manufacturing at least 47%.

Mostly, in Faisalabad, there are renowned textile companies like Textiles Unlimited. They are providing all textile-related services and products. You can visit their website and can get the best from them.

They are contributing a major part to the GDP of Pakistan. This is the backbone of the economy of Pakistan. The Textile Industry is facing many problems like inflation, low tariffs, and others.

The machinery for textile purposes is imported from other countries. Like Germany, Japan, Belgium, China, and others. The textile industry in Pakistan is dealing with competition from Bangladeshi, Indian, and Chinese industries.

Special Department:

APTMA stands for All Pakistan Textile Mills Association. This is the main organization that defines rules and regulations in the textile industry. It represents a huge number of mills like 391 textile mills.

Problems faced by the textile industry in Faisalabad:
There is a lack of R&D (research and development) in the cotton department. The impact of inflation, the energy crisis, and strict monetary policy affect it. There are many other problems like enhanced production costs, denial of subsidies, prices of raw materials, less new investment, internal problems, and else.

Threats for the textile industry:

A few threats are to the textile industry and they are discussed in the following section. Read this till the end to know more astonishing aspects.

Competitors:

As the world is advancing in different sectors likewise countries are upgrading their textile industries too. There are new competitors that are giving tough times to Pakistan. They are Vietnam, Bangladesh, Turkey, India, and others.
Our textile industry is dealing with them by reforming their techniques. Moreover, they are encouraging and supporting their country’s entrepreneurs.

Fashion Life:

Nowadays, the media has a powerful impact on everyone’s lives. They are responsible for changing the perspective of a person. As a result, the lifecycle of fashion is getting shortened. On the other hand, fashion-depriving risks are increasing.

For instance, a buyer doesn’t want to wait so long for their consignments. As they are insecure with the alteration in fashion will result in losing demands.

Fear of replacement:

WTO rules over the quota system, there is a fear of replacement by the Indian and Chinese manufacturers. As they can attain most of the shares of the market.

Environmental Problems:

There are a few environmental problems that are faced by the textile industry. They include the utilization of complex chemicals, water pollution, removal of untreated waste, air pollution, and many others.

Importance of the Textile Industry:

Pakistan is the 8th biggest exporter of textile necessities. The basic crop is cotton and our country is the 4th largest exporter of raw cotton. They contribute over 60% of the total exports of the country which result in billions of dollars. The cotton sector contributes 11% of the GDP.

Sustainable Business Practices:

Like everyone else, Pakistan is thriving to implement sustainable business practices. The best example of its application is Net Zero Pakistan. This is a national companionship that includes top-notch businesses and others to attain Pakistan’s aim of net zero carbon until 2050.

The alliance is putting its efforts into developing a plan and structure. The private sector of Pakistan has fastened its transformation to sustainability. Signatories have constructed net zero goals and are firm to calculate. Moreover, it reveals sources and levels of GHG emissions. They are highly aimed to decarbonize value chains and are responsible for advocating climate change.

1. Final Thoughts:

   This is an industry that includes different portions like design, research, development, sourcing, and much more. The textile industry in Faisalabad is very beneficial for Pakistan.

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