Pakistan is a sovereign country in South Asia with a population exceeding 180 million. Pakistan is a rapidly developing country and is one of the next eleven countries that, along with the BRIC (In economics, BRIC is a grouping that refers to the countries of Brazil, Russia, India and China, which are all deemed to be at a similar stage of newly advanced economic development), have a high potential to become the world’s largest economies in the 21st century.
When we think of manufacturing industry in Pakistan, it is the textile industry that immediately comes to mind that is playing an important role in terms of the employment generation and value added special contribution towards the exports.
Pakistan is the 8th largest exporter of textile products in Asia. Pakistan is the 4th largest producer of cotton with the third largest spinning capacity in Asia and is considered one of the best circular knit and denim producers.
Cotton, the most precious commodity from Pakistan’s economic point of view, has become a bone of contention between textile industry and the growers, ginners and exporters of raw cotton. Pakistan, being the fourth largest cotton producing country provides a strong base for development substance of textile industry in spite of tremendous growth in all the area of textile industry, including:
- made up sector
Among Pakistan, China, Mexico, Peru and Egypt countries which have been reported as the ancient homes of domesticated cotton, Pakistan is now considered perhaps the oldest home of cotton and textile.