Speakers at a seminar stressed the need for improving productivity through skilled manpower urged the government to develop standard training institutions to cater to the rising demand of required workforce in textile industry.
The Seminar titled 'Implications of Global Recession on Export Earnings of Pakistan,' was organised by Pakistan Institute of Trade and Development with an aim to identify the challenges the textile industry was facing in improving its exports.
The speakers stressed the need for focusing on adopting the change through innovation, imagination, process engineering and agility to enhance country's textile exports. Speaking on the occasion, Textile Expert Phoenix Consulting Lahore, Khalid M Rasool said that Pakistani firms should adopt global corporate values and principles.
He said that only those companies could survive, which focus on adopting the change through innovation, imagination, process re-engineering and agility. He indicated that as compared to other countries, most of the textile segments of Pakistan were facing economy of scale issue adding that even these firms lag behind the firms of Bangladesh and Sri Lanka in production capacity.
Chairman, Board of Directors, Lahore Garment City, in his detailed presentation said that the current global recession has added miseries to the textile sector. He said that Pakistan's share in global textile has gone down by about three percent, which is alarming and textile sector has acute shortage of trained manpower.
'We cannot survive without investing on our manpower and skill managers capable to run the factory floor,' he remarked. Dean Economic, Fatima Jinnah Women University, Dr Naheed Zia Khan said that the government had provided sufficient incentives to help improve situation of textile industry and the industry managers should focus on the shortcomings that are causing problems to the sector.
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