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Pakistani industrialists advocate Chinese collaboration for industry growth

Industrialists in Pakistan have urged textile leaders to collaborate with China to modernise its textile industry and reduce trade barriers between the two countries, ultimately boosting textile export from Pakistan. The textile industry in Pakistan currently suffers from lack of product and process innovation, heavy reliance on local and traditional raw materials and technologies, leadership and management skill gaps, compliance issues as perceived by international buyers, high cost of capital and difficulty in obtaining financing for new facilities are some of the major problems the textile industry of Pakistan is grappling with.

Chinese companies can bring technology and higher skills with them which would improve the productivity and efficiency of the textile sector which largely lacks technically skilled labor and supervisory staff. The two countries should develop corporate and strategic alliances for different parts of supply chain integration. Pakistan exports a wide range of items including raw cotton, cotton fabric, cotton yarn and thread, knitwear, bedwear, woollen carpets and rugs, garments, towels and tents, and there are different sub-sectors within the textile industry including spinning, weaving, processing and stitching.

 
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