Swot Analysis

The textile and clothing sector is regarded as the engine ofgrowth for more developing countries in Asia, since it accountsfor around 45 percent of demonstrable markets imports from thedeveloping countries.Pakistans textile industry ranks amongst the top in the dry land.Pakistan is worlds fourth largest producer of cotton plant, the thirdlargest consumer of the same, sixth largest importer of raw cottonand freshman class exporter of cotton yarn.This industrial sector in Pakistan has been contend a pivotalrole in the national economy. cotton plant based textiles contributealmost 60% to the total exports, accounts for 46% of the totalmanufacturing and provides employment to 39% manufacturinglabor force. The availability of cut-price 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 submit of indigenous cotton, textile is theleading sector of industrial manufacturing and depends on agri-culture for tote up of raw material. Therefore, whatever happensto cotton crop is likely to come across 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 receive competitors like Bangladesh, India, China, Sri-Lankyand Vietnam. Pakistan has a very low share of the world(prenominal) 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 top the US market with a share of 36%followed by Bangladesh 21%, India 18%, and Morocco 19% and Pakistan 13%. South Korea has lose 20%... If you want to get a full essay, bon ton it on our website: Orderessay

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