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Pakistan Textile Machinery Industry written by fibre2fashion dharmesh
Market for imported textile machinery and equipment in Pakistan is directly proportional to the overall strength of the local textile industry. Pakistan is the eight largest textile exporters from Asia. The local industry desperately requires more modern machinery to compete in an increasingly competitive industry. Therefore, the demand for more advanced (including used) equipment is expected to grow significantly.

A study carried out by the Lahore Chamber of Commerce and Industry (LCCI) committee on WTO has mentioned that the world textile trade is set to increase from the existing $350 billion to $800 billion by 2014 and Pakistan’s share in it is 2.7 percent.

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