KARACHI: Pakistan’s textile sector and industrial activity are witnessing signs of improvement, as the Special Investment Facilitation Council (SIFC) plays a supportive role.
According to Radio Pakistan, during the first eleven months of the current fiscal year, textile exports rose by 1.83 percent, reaching a total of 16.67 billion dollars. The increase is attributed to the efforts of the SIFC, which has been instrumental in facilitating investment in the sector.
Knitwear exports reached 4.60 billion dollars, while exports of ready-made garments stood at 3.97 billion dollars. Cotton yarn exports saw a significant rise of 13.35 percent, amounting to 701.1 million dollars.
The data highlights a positive trend in the textile sector, suggesting a recovery and growth phase for Pakistan’s industrial activity.