Sunday, May 5, 2019

Insight into the Stagnant Performance of Textile Industry in Pakistan Literature review

Insight into the Stagnant Performance of Textile Industry in Pakistan - Literature review casefulPakistan is a major player globally in the textile industry. The textile industry in Pakistan weed be traced back to its origins in 1947. In 1947, the country produced approximately 1.1 million bales of cotton (Iqbal 2010). Over the years, the achievement of cotton has increased to reach over twelve million bales in 2010. The country has also diversify its cotton products to increase the quality and quantity of products that are exported. For instance, Pakistan textile industry has increased the quantity of puddle made garments that are exported.However, the textile industry in Pakistan has been faced with numerous challenges. One of the issues that have unnatural the textile industry in the country is the doldrums in the amount of textile products that are exported (Channar & Nannik 2010). Also, otherwise Asian countries such as Bangladesh and China have become fierce competitors in the textile industry. due(p) to these challenges, it is necessary for the Pakistan textile industry to reinvent itself in order to improve the quantity and quality of cotton products so as to stay competitive.The study would evaluate the current status of the Pakistan textile industry and globally. The search will examine the global market and production of cotton and cotton related products in to contextualize the speckle in Pakistan. The rapid globalization of the world economies has made all countries to be intertwined such as that internationalistic issues significantly affect national economies. The research will also look at the amount of investiture that Pakistan has dedicated to the development of the textile industry in the country. The research aims to evaluate the factors that have led to the stagnation of the Pakistan textile industry with a view of answering the research objectives. A critical understanding of the issues touching the growth of the textile indus try will help the

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