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Pakistan’s textile industry, a key export sector, faces insurmountable challenges from high energy costs and a weakening currency, becoming less competitive in the global market.
CRAFTYFLOW” and “CRAFTYROPE” for the dyeing of denim warps with indigo and sulfur dyes are the only recently introduced technologies that can work both in the air, as usually done today, and in the nitrogen atmosphere with ecological and economic advantages.
The global cotton balance sheet witnesses a dynamic dance of figures amidst the 2023/24 U.S. cotton forecasts, unveiling reduced production and historic lows in mill use everywhere, including Pakistan
Drop and a surge in ending stocks reshape the narrative, while Turkey and Bangladesh play pivotal roles.
Pakistan has fixed an ambitious target of reaching 100 billion exports in the next five years, out of which $50 billion would come from textiles. This is easier said than done, as we still lack the necessary infrastructure and technology in textiles.