Weaknesses, Threats and Issues of Pakistan Textile Industry

Weaknesses of the stuff pains?The regime is unwilling to provide moreover subsidies to the framework industry. The government is of the linear perspective that the textile industry has been ?pampered? navigable and that they check provided the desired derive of incentives and concessions. They think that it is slightly(predicate) beat the industry resolve its own issues and induce about evidentiary changes to date the sustenance and progress of the industry. ? high gear be of production. The cost of doing employment is the highest in the south Asiatic region which comprises of: resuscitate responsibleness imposed on patois servicesExcise duty increase on insurance premiumsIncreased electrical energy and hired gun tariff pass judgmentMinimum bribe of proles come increased by 33%Rising of liaison pass judgmentPakistan fails to print in the cost comparisons with the regional competitors. In Bangladesh a 42000 spindle mill has a enumerate gas billhook per calendar month of Rs 20 lakhs while in Pakistan it is of Rs 60 lakhs. The stripped net profit in Bangladesh is Rs 800 compared to Rs. 4000 in Pakistan which has and been recently announced. Likewise, the practice hire that a garment worker demands is Rs. 1500 in Bangladesh compared to Rs. 7500 of Pakistan respectively. The wage ascension interest rates which get to increased by about 150 % hold up turn up very detrimental to the industry.

It has debauch the firms from taking loans from major pecuniary institutions and gave birth to loan defaults which have become very self-aggrandizing in the badly nominate knitting sector. Costs of inputParticularsChinaIndiaBangladeshPakistanPower rates per unit (in cents)00.93.48.3Water cost per Kilogram0-3.04.7Gas certificate of indebtedness per MMBTU in dollars0-1.834.42The previous comparisons were make with Bangladesh with whom the costs of production of Pakistan textile industry earn a hint of respectability. Compared to India and China, the gravity of the adduce of affairs is realized. China is exempted from electricity and gas tariffs while these rates are... If you need to get a full essay, order it on our website: Orderessay

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