Import of textile machinery has reduced with 26% after falling of investment, while imports of textile machinery are expected to decreased.
However, Pakistan’s most important export industry is declining it’s investment rapidly in the textile sector, local industries are facing stiff competition due to energy crisis and high production costs and reduction of prices at the international level,causing the trend of modern machinery have been reduced in place of old machinery in sectors of textile.
During the year of 2014-15, according to statistics of imports, import of machinery for textile sector has reduced with 26% in the last year as compared to the year of 2013-14.
Whereas, textile machinery of 61.57 billions were imported in the year of 2013-14, while, machinaery of 45.54 billions have been imported in the fiscal year of 2014-15.

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