Pakistan Textile Industry
The textile industry is the largest manufacturing industry in Pakistan.
Pakistan is the 8th largest exporter of textile commodities in Asia.
Textile sector contributes 8.5% to the GDP of Pakistan.
Besides, the sector employs about 45% of the total labor force in the country (and 38% of the manufacturing workers).
Pakistan is the 4th largest producer of cotton with the third largest spinning capacity in Asia after China and India and contributes 5% to the global spinning capacity.
At present, there are 1,221 ginning units, 442 spinning units, 124 large spinning units and 425 small units which produce textile.
Furthermore, you can Check out these stats.
Artistic Milliners, a Pakistani textile company and producer of renowned global brands, has acquired a denim factory in Commerce, California.
As the first Pakistani denim company, with an operational factory in Los Angeles, Artistic Milliners is raising the profile of Pakistan as a sourcing destination.
Pakistani Companies Going to Invest
The Pakistani company plans to invest in the facility and grow the business into a state-of-the-art design and production hub based on Supply Chain 4.0 principles and 360 design development solutions.
The new factory expands Artistic Milliners’ global footprint and accelerates the company’s speed-to-market capabilities while providing design-at-source at a time when businesses have curtailed travel during the COVID-19 pandemic.
Star Fades International (SFI), the business continues to provide finishing services to a customer roster that ranges from large international retailers to specialty premiums, the company said in a statement.
CEO of Artistic Milliners
“The acquisition gives us a strategic foothold in the US, in a region with significant geographic and demographic advantages,” said Murtaza Ahmed, Founder SFI and Executive Director Artistic Milliners.
Increase in Demand
California has historically been an important cornerstone for the international denim industry. It is predicted that in 2021, there will be a significant increase in demand from international retailers, digital design services, and sustainable solutions.
“Our investment in this factor gives us a launch platform in the USA to meet the demand as we build the factory for the future,”
Startup of Artistic Milliners
Artistic Milliners has grown from a small retail store, established in Pakistan in 1949, to become one of the top manufacturers of denim in the world. Ranking third on the Top 10 list of Pakistani textile exporters in the year 2017-2018, AM employs 19,860 people in 17 factories and mills in Korangi Karachi and other industrial areas, with a total annual turnover of $256 million.
Textile unit Obtain in U.S.
A big Pakistani textile Commodity has obtained a manufacturing facility in the united states as a reason for the increasing demand for Pakistani products in the international market or at the international level.
Advisor said to the Prime Minister Imran Khan on Commerce and Investment Abdul Razak Dawood Tweet on his Official Twitter account and congratulated Artistic Milliners on the development.
The Prime Minister’s Advisor Motivated Pakistani Textile Companies or not just textile but all sectors to go global through investments.
“Our local companies should receive foreign companies and brands, through proper channel, as it increases exceed in the world level or global market thereby increase our market share.”
Pakistani Companies Formally reaching out across the global very soon, he said.