AGL 38.09 Decreased By ▼ -0.07 (-0.18%)
AIRLINK 136.34 Increased By ▲ 2.15 (1.6%)
BOP 9.20 Increased By ▲ 0.35 (3.95%)
CNERGY 4.72 Increased By ▲ 0.03 (0.64%)
DCL 8.85 Increased By ▲ 0.18 (2.08%)
DFML 38.34 Decreased By ▼ -1.44 (-3.62%)
DGKC 85.45 Increased By ▲ 0.30 (0.35%)
FCCL 35.15 Increased By ▲ 0.25 (0.72%)
FFBL 76.21 Increased By ▲ 0.61 (0.81%)
FFL 12.66 Decreased By ▼ -0.08 (-0.63%)
HUBC 108.70 Decreased By ▼ -0.75 (-0.69%)
HUMNL 14.73 Increased By ▲ 0.63 (4.47%)
KEL 5.58 Increased By ▲ 0.18 (3.33%)
KOSM 7.96 Increased By ▲ 0.21 (2.71%)
MLCF 40.78 Decreased By ▼ -0.59 (-1.43%)
NBP 70.94 Increased By ▲ 1.24 (1.78%)
OGDC 195.25 Increased By ▲ 1.63 (0.84%)
PAEL 26.96 Increased By ▲ 0.75 (2.86%)
PIBTL 7.46 Increased By ▲ 0.04 (0.54%)
PPL 168.02 Increased By ▲ 4.17 (2.55%)
PRL 26.19 Decreased By ▼ -0.17 (-0.64%)
PTC 20.34 Increased By ▲ 0.87 (4.47%)
SEARL 92.75 Increased By ▲ 8.35 (9.89%)
TELE 7.84 Decreased By ▼ -0.15 (-1.88%)
TOMCL 35.49 Increased By ▲ 1.44 (4.23%)
TPLP 8.91 Increased By ▲ 0.19 (2.18%)
TREET 17.29 Increased By ▲ 0.11 (0.64%)
TRG 59.27 Decreased By ▼ -1.73 (-2.84%)
UNITY 31.02 Increased By ▲ 2.06 (7.11%)
WTL 1.37 No Change ▼ 0.00 (0%)
BR100 10,901 Increased By 125.5 (1.16%)
BR30 32,654 Increased By 420 (1.3%)
KSE100 101,357 Increased By 1274.6 (1.27%)
KSE30 31,488 Increased By 295 (0.95%)

This is with reference to the article published in Business Recorder "Global competitiveness of Garment Industry" dated 18th November 2006. First of all I would like to extend my commendation to the writer for writing such a detailed and factual report.
Being involved with the textile industry for more than a decade, marketing home furnishing products to the foreign markets, I can easily say that if the contents of this article are taken seriously by those concerned and if they try and formulate policies and strategies around the recommendations given, it can produce radical results in a very short span of time.
However, being a marketing person, I do feel that the writer has missed the marketing part in his article. We as a nation have never been good at marketing our strengths or turning adversities into opportunities. If you look at the home furnishing industry it had the luxury of being in the hands of the richest and powerful families in the country, right from independence.
Therefore, it developed on more organised footings. Again, totally through private initiative, they also had to rely on the imported machines, as we are handicapped on technology in majority of the fields.
Since those involved here were more organised they marketed this as a strength to the Western buyers with a marketing pitch line emphasising that since Chinese and Indian machines are inferior to European machines which is what we have available in our set-ups. Our quality and reliability of the products is far superior to them, in fact in many cases matching the production standards of the Western countries. The buyers definitely bought this as we definitely get a preference and often only lose business where price is the main factor. This brings us back to the excellent suggestions given by the writer in his article to reduce our costs. We have to work on both avenues to excel.

Copyright Business Recorder, 2006

Comments

Comments are closed.