Textile boom leads to a revival of 80,000 Looms in Faisalabad

November 13, 2020

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Inflows of large Textile Export Orders has led to the operationalisation of 50,000 power looms in Faisalabad alone while the opening of another 30,000 units is expected shortly.

Faisalabad is Pakistan’s Textile Hub, which is currently witnessing a record level of growth following a high demand of export items and the government’s recently incentive of supplying electricity to the industrial sector at reduced rates.

Prime Minister (PM) Imran Khan has also mentioned about increased economic activity in Faisalabad and the resultant shortage of 200,000 labourers required to meet the high demand of orders in the textile sector.

In the past, many Factories and power looms had faced closures due to power crisis. However, during the coronavirus situation, many textile sector orders were diverted towards Pakistan from India and Bangladesh.

As per news report, Faisalabad had 1.3 million workers with one million natives and 0.3 million belonging to other districts.

“Pakistan has seen orders shifting from multiple nations including China, India and Bangladesh,” All Pakistan Textile Mills Association (APTMA) Secretary General Shahid Sattar said.

“Garment manufacturers are operating near maximum capacity and many can’t take any orders for the next six months,” he added.

Further, Pakistan’s decision to loosen pandemic restrictions early has helped the nation’s exports emerge stronger than its South Asian peers.

Bloomberg said that Pakistan’s outbound shipments grew at a faster pace than Bangladesh and India as textiles, which account for half of the total export. While also stating, “Islamabad saw total shipments grow 7pc in September, compared with New Delhi’s 6pc and Dhaka’s 3.5pc” .