Textile is the backbone of our sector, accounting for over 63 per cent of exports and over 9 per cent of GDP (GDP). It has employed more than 40% of our industrial workforce. Textile’s huge contribution to our economy rightfully places it at the heart of our industrial centre, yet it is nonetheless plagued by a slew of issues that have led to stagnant growth, decreased exports, and a deterioration in worker quality. However, if u want to get the best women clothes in Karachi, do visit tawakkal fabrics, the best women designer Kurtis and the best women unstitched collections are available here.
The following are some of the significant issues confronting the textile industry.
1. Energy Shortage
The energy issue is the most significant impediment to the textile industry’s expansion. The country’s general energy problem has numerous negative consequences, but the textile industry has been particularly hard hit. Some businesses have installed alternative energy sources such as generators and solar panels in their industrial operations. However, they are usually highly expensive or deplete valuable oil sources. The newest energy projects under the Pakistan-China Economic Corridor (CPEC) are seen as a positive sign for the sector since they would meet our country’s energy needs. Get the best women designer Kurtis in Karachi from tawakkal fabrics.
2. The state of law and order
The state of law and order has had an impact on practically every area of our economy. Foreign and domestic investors have found it impossible to invest in our nation as a result of terrorist actions, and the majority of them have relocated to Dubai, India, and Bangladesh. This is also the situation in the textile industry, which has lost some valuable investments over the years as a result of extensive terrorist activity in our nation. The operations “Zarb-e-Azab” and “Radd-ul-Fasad” have significantly improved the country’s law and order. Also, there is an increase in foreign investment projected in the future years. The best women clothes in Karachi are available at tawakkal fabrics, get the best women designer Kurtis from tawakkal.
3. Gas load reduction
A steady supply of gas is also critical for our textile industry, but this has not been the case. The scarcity of gas has a significant detrimental impact on our textile industries, limiting their expansion. Exploration of energy resources should be emphasised. It would be a tremendous boost to Pakistan’s overall industrial growth. Get your favourite women clothes in Karachi from tawakkal fabrics, the best women designer Kurtis and women designer shirts are available here.
4. Price fluctuations in yarn
There is no government policy in place to regulate yarn pricing. This is another unresolved issue of the textile industry. This has an impact on industry on one side and farmers on the other.
5. Inadequate research and development
Our worldwide competitors have explored new markets via research, but we continue to use traditional manufacturing processes in the textile business. As a result, our regional rivals are creating higher-quality textile items than we are. The development of hybrid seeds capable of producing better yields is also urgently required, but this would necessitate extensive study with the assistance of government money. Get your favourite women clothes in Karachi from the best clothing store in Karachi tawakkal fabrics.
6. Inadequate training
Our industry employs the vast majority of untrained workers. This is another significant shortfall in our industrial force as compared to regional rivals. Government should build institutes to provide employees with current skills. Get the best women clothes in Karachi and the best women designer Kurtis from the best clothing store in Karachi, tawakkal fabrics.
7. Inadequate contemporary equipment
Huge import levies on sophisticated machinery are impeding the development of our textile sector. The government should implement policies that lower tariffs on the importation of advanced industrial machines. This tax cut will not only boost industrial output but will also assist our country gain much-needed foreign exchange reserves. Get the best women clothes in Karachi and the best women designer Kurtis from the best clothing store in Karachi, tawakkal fabrics.
8. The absence of government subsidies
Subsidies are desperately needed in the region as a result of competition from inexpensive Chinese items. Government subsidies will assist in lowering manufacturing costs, and such low-cost industrial items will be sold to developed countries.
9. Monopoly on a brand
Names are a powerful tool for increasing sales, but Pakistan lacks large industrial brands. We need to establish our own national brands to become more competitive and to earn profits for our people.
10. Taking use of foreign nations’ tax-free systems
The European Union and other developing countries give certain tax breaks for imports from developing nations. We have not been able to use them to benefit our people. Europe’s GSP+ status is one example of such arrangements, and it is now up to our sector to properly benefit from it.
11. stumbling blocks in the form of bureaucratic red tape
In undeveloped nations such as Pakistan, investors confront numerous bureaucratic impediments, and work that might be completed in hours might take months. Expecting foreigners in a country with such a system would be ludicrous. Get the best women clothes in Karachi and the best women designer Kurtis from the best clothing store in Karachi, tawakkal fabrics.
Solutions to these issues
One should take the following initiative to enhance the general status of our sector, particularly the textile sector.
1. An answer to the energy crisis
To address the threat of energy scarcity, our administration must begin the construction of additional dams. There is no way to improve the textile sector without energy. The government has already begun working on the CPEC with the assistance of China, with the Chinese government spending 34 billion US dollars only on energy projects. Therefore, get the best women designer Kurtis in Karachi from Tawakkal fabrics.
2. The state of law and order
The most critical prerequisite, along with energy supply, is the improvement of law and order. The government must give complete protection to all investors, particularly international investors who are unfamiliar with the climate. Get the best women designer clothes from the best clothing store in Karachi, tawakkal fabrics.
3. Development and research
Research and development are critical components of every industry’s success. Government money can do miracles if used wisely. However, for more info, do visit our Facebook page. However, Tawakkal fabrics provide you with the best women designer Kurtis in Karachi.