Inventory: USAID Promotes Transformation And Upgrading Of Pakistan Textile Enterprises

To meet the needs of European Union and international buyers and increase export orders, the United States Agency for International Development (USAID) has announced that it will promote small and medium textile enterprises upgrading projects in Pakistan, including helping buyers to directly contact buyers, developing skills upgrading, focusing on system compliance and upgrading textile machinery.

The scope of implementation of the project focuses on 20 small and medium-sized enterprises, with the aim of helping them achieve sustainability in quality and quantity under the premise of price advantage. Since January 1st of this year, Pakistan has won EU GSP plus After the position, the recovery of Pakistan's textile industry is expected to increase. The industry hopes that the textile industry can make full use of the raw material advantages of cotton and vigorously enhance the competitiveness of small and medium-sized enterprises.

According to statistics from the Pakistan small and Medium Enterprises Development Bureau (SMEDA), there are about 2500 textile factories in Pakistan, employing 75 thousand people. The textile and garment industry plays an important role in Pakistan's national economy. Its contribution to the gross national product is 8.5%. Industrial exports account for more than half of the total exports of the country, creating 38% of the employment opportunities for the manufacturing industry. It is understood that at present, including small businesses, including some 3/4 clothing enterprises in Pakistan are facing challenges. It is manifested in low production efficiency, high fabric loss and backward sewing technology. This leads to higher production costs and delay in delivery.

In order to improve production efficiency and improve the quality of products. United States Agency for International Development It will provide training for top and middle managers in Pakistan textile and garment enterprises. The specific contents include helping them improve their management skills and production efficiency, and focusing on improving their business quality in the export market. In terms of hardware, the project will help Pakistan enterprises upgrade production systems and software, such as typesetting software CAD, and enterprise resource planning software (ERP), with a view to improving production efficiency and product quality, and being familiar with advanced management tools.

Another major element of the project is to assist manufacturers in obtaining global responsible production certification (WRAP). The certification will help Pakistan to win the trust of the US and other social responsibility buyers.

The US International Development Agency's upgrading plan for Pakistan textile enterprises will run through December 2014. The goal of the project is to help Pakistan textile industry create export revenue of US $500 thousand, and direct employment opportunities in 80 industries and employment opportunities in 100 auxiliary sectors.

Last year, Pakistan Domestic cotton market is still in the doldrums, textile enterprises only purchase a small amount of spot demand. Many spinning enterprises are still complaining about the slow sale of yarn, unwilling to purchase, and the stock of spinning enterprises is sufficient to maintain their new listing in China. Therefore, we will continue to wait for the cotton price to be clearer. The ginning factory will continue to clean up the stock before the new flower goes public. Pakistan market high class cotton ginning factory price quotation of about 6300-6600 rupees /maund (fold 78.00-81.75 cents / pound); general grade cotton 5500-6200 rupee /maund, unchanged from the previous day, the market basically no export demand.

Pakistan News reported on June that the chairman of the Pakistan Textile Industry Association recently requested the Dubai US business investment conference to give preferential treatment to the import tariffs of Pakistan textile products.

It is reported that at present, the United States levying 23% of the tariff on textiles exported to Pakistan, but Pakistan exports US $3 billion annually to textiles, mainly knitted shirts, sheets, quilts, gloves and towels. The United States imports 100 billion dollars annually and 40% comes from China.