AIRLINK 206.99 Decreased By ▼ -5.83 (-2.74%)
BOP 10.25 No Change ▼ 0.00 (0%)
CNERGY 6.75 Decreased By ▼ -0.25 (-3.57%)
FCCL 33.34 Decreased By ▼ -0.13 (-0.39%)
FFL 16.85 Decreased By ▼ -0.79 (-4.48%)
FLYNG 22.70 Increased By ▲ 0.88 (4.03%)
HUBC 128.65 Decreased By ▼ -0.46 (-0.36%)
HUMNL 14.03 Increased By ▲ 0.17 (1.23%)
KEL 4.83 Decreased By ▼ -0.03 (-0.62%)
KOSM 6.43 Decreased By ▼ -0.50 (-7.22%)
MLCF 42.90 Decreased By ▼ -0.73 (-1.67%)
OGDC 215.45 Increased By ▲ 2.50 (1.17%)
PACE 7.05 Decreased By ▼ -0.17 (-2.35%)
PAEL 41.59 Increased By ▲ 0.42 (1.02%)
PIAHCLA 16.82 Decreased By ▼ -0.01 (-0.06%)
PIBTL 8.39 Decreased By ▼ -0.24 (-2.78%)
POWER 8.83 Increased By ▲ 0.02 (0.23%)
PPL 185.05 Increased By ▲ 2.02 (1.1%)
PRL 39.00 Decreased By ▼ -0.63 (-1.59%)
PTC 24.60 Decreased By ▼ -0.13 (-0.53%)
SEARL 98.25 Increased By ▲ 0.24 (0.24%)
SILK 1.02 Increased By ▲ 0.01 (0.99%)
SSGC 40.67 Decreased By ▼ -1.06 (-2.54%)
SYM 18.09 Decreased By ▼ -0.77 (-4.08%)
TELE 9.09 Increased By ▲ 0.09 (1%)
TPLP 12.50 Increased By ▲ 0.10 (0.81%)
TRG 65.70 Increased By ▲ 0.02 (0.03%)
WAVESAPP 10.74 Decreased By ▼ -0.24 (-2.19%)
WTL 1.82 Increased By ▲ 0.03 (1.68%)
YOUW 4.02 Decreased By ▼ -0.01 (-0.25%)
BR100 11,841 Decreased By -24.6 (-0.21%)
BR30 35,821 Increased By 124.3 (0.35%)
KSE100 113,774 Decreased By -374.4 (-0.33%)
KSE30 35,821 Decreased By -131 (-0.36%)

There are a few problems the textile industry faces, but the best part is that the problem carries the solution in itself.
Whet the textiles lack is basic infrastructure ie, water, power, roads and skilled labour. These problems can be resolved with the help of industrialists on self-financing basis, as our industrialists are generous and ready to participate for national cause with the government, provided the latter gives the required incentives and environment.
The water problem can be addressed if the government provides land at places where sufficient good quality water is present on wider ground for our industrialists to make arrangement for boring and supplying water on self-financing.
The power issue can be resolved by self-generation. The procedures related to permission and the period required for approval from SSGC need to be reviewed
The government is constructing roads but without any consideration of the existing industries, as in SITE the new highway is 5 feet above from the existing factory level, which will definitely cause problems for the units once it is constructed. This needs urgent remedy.
Previously Pakistan saw a lot of skilled manpower leave the country. We faced brain-drain. However, things have taken a new turn. Today there are lots of European technicians who are out of job and seeking working opportunities in countries like Pakistan. The only drawback is the law and order situation prevalent here.
Textile produced in Pakistan have plenty of potential because we have good quality machinery and experienced labour. On top of that the type of cotton we grow is one of the best in the world. Thus we already have very strong base specially for the type used in good quality Denim Jeans and heavy fabric.
So now, instead of selling away our base, in the form of raw cotton all efforts must be directed towards producing value-added products. This will further strengthen our base and we will have a stronger industrial backbone.
This way, the government too will reap benefits and more jobs will be created.
We can afford to produce even better quality and having lesser price than what India and China are capable to offer.
The Pakistani textile sector is generating about 75% of the total revenue. But now, because of the freehand offered by WTO, we can take this percentage even higher, and multiply our foreign exchange income.
A golden opportunity has been presented by WTO with the elimination of quota.

Copyright Business Recorder, 2005

Comments

Comments are closed.