Loading…
news

Pakistan textile machinery import raise by 80 percent

YarnsandFibers News Bureau 2014-02-02 15:30:00 – Karachi

Pakistan textile industry has managed to maintain its ranking as the single largest manufacturing sector; unfortunately its machinery could not develop along with the growth of textile industry. Resultant, demand for textile machinery still is almost entirely met through imports. Import of textile machinery increased by 80 percent to $56.651 million in December 2013, an official statistics said.

According to Pakistan Bureau of Statistics (PBS), import of textile machinery posted an increase of $25.158 million in December 2013 from its import $31.493 million in December 2012.

During July-December 2013-14, import of textile machinery surged by 31.22 percent or $60.791 million to $255.520 million, up from $194.729 million in the same period last fiscal year, the PBS added.

0 0 vote
Article Rating
0 Comments
Inline Feedbacks
View all comments

Market Intelligence

Ask for free sample Report


why us?
21 yrs

experience

Fortune 500

Customer Base

100%

dedicated team

55+

Countries Served Worldwide


newsletter

Register below to receive our newsletters with latest industry trends and news!

WeCreativez WhatsApp Support
Our support team is here to answer your questions via WhatsApp. Ask us anything!
? Hello