Swot Analysis

The framework and clothing sector is regarded as the engine ofgrowth for some developing countries in Asia, since it accountsfor around 45 percent of authentic markets imports from thedeveloping countries.Pakistans textile industry ranks amongst the top in the manhood.Pakistan is worlds fourth largest producer of cotton plant, the thirdlargest consumer of the same, sixth largest importer of raw cottonand counterbalance class exporter of cotton yarn.This industrial sector in Pakistan has been vie a pivotalrole in the national economy. cotton fiber based textiles contributealmost 60% to the total exports, accounts for 46% of the totalmanufacturing and provides employment to 39% manufacturinglabor force. The availability of inexpensive labor and basic raw cotton asraw material for textile industry has played the principal role inthe growth of the Cotton Textile Industry in Pakistan.Based on abundant bestow of indigenous cotton, textile is theleading sector of industrial manufacturing and depends on agri-culture for deliver of raw material. Therefore, whatever happensto cotton crop is likely to move the performance of textile sector. Textile production is comprised of cotton ginning, cottonyarn, cotton fabric, fabric processing (grey dyed- printed), hometextiles, towels, hosiery & knitwear and readymade garments.

These components ar being produced some(prenominal) in the large scaleorganized sector as well as in unorganized cottage/small andmedium units. An anti-dumping of 5.8% has been imposed on Pakistan bythe European Union, which has put Pakistan in a desperate posi-tion to tote up competitors like Bangladesh, India, China, Sri-Lankyand Vietnam. Pakistan has a very low share of the global textile market and due to the economic slows down in US and Europe, Pakistans textiles exports are also declining as they are mostly dependent on these two markets. China stand out the US market with a share of 36%followed by Bangladesh 21%, India 18%, and Morocco 19% and Pakistan 13%. South Korea has confused 20%... If you want to get a full essay, arrange it on our website: Orderessay

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