Exports of readymade garments from Pakistan during July to May 2016-17 grew by 4.10 per cent as against the same period of last year. Readymade garments worth $2.073 billion were exported during the last 11 months of financial year 2016-17.
Bed wear exports from the country grew by 3.22 per cent. In the last eleven months of financial year 2016-17, about 3,18,070 metric tons of bed wear were exported as compared to exports of 3,03,054 metric tons of the same period last year.
However, textile group exports from the country during the last 11 months of financial year 2016-17 recorded a drop of minus 1.98 per cent growth. Pakistan is helping the entire chain of the textile sector to adopt and upgrade to new technology. Funds have been allotted to carry out research activities and bring about a qualitative improvement in industry-academia linkages.
A textile corner will be set up to provide guidance and awareness to exporters to adopt new technologies in order to improve the quality of their products. It will also help in sensitizing manufacturers to promote value addition and earn more profit from exportable surplus. The textile corner is meant to bridge the gap between industry and academia. Funds have been allotted to carry out research activities and bring about a qualitative improvement in industry-academia linkages.
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