Pakistan´s once-booming textile industry struggles to bounce back

[Syed1.]

Nawaz Sharif ki tajarbaati team ka aek aur tohfaa..

 

[cloud4000]

Call me ‘Bringer of bad news’ but I think Pakistani textile industry is in for more troubled times. Can Pakistan really compete with Chinese textile in price & quality?

Can anyone really compete with China on anything? Even so, China is shifting gears economically, going from an export-oriented economy to a consumption-based one. Could see China shifting textile production to Pakistan, which could help local industry. Nevertheless, textile is a highly-competitive industry and the margins thins. One really needs to be aggressive to succeed in this business.

It is not just the textile industry. Other than raw materials, no product processed or made in Pakistan these days can compete successfully against international competition. Not one.

Not yet. And it will take time. Hopefully CPEC will create the environment for industries to thrive.

 

[VCheng]

Can anyone really compete with China on anything? Even so, China is shifting gears economically, going from an export-oriented economy to a consumption-based one. Could see China shifting textile production to Pakistan, which could help local industry. Nevertheless, textile is a highly-competitive industry and the margins thins. One really needs to be aggressive to succeed in this business.



Not yet. And it will take time. Hopefully CPEC will create the environment for industries to thrive.

Hopefully. Yes, that is the correct word to use here.