Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

‘Pak exports went down from $3b to $1.8b: Out of 25 largest factories, only 7 operational’

byCustoms Today Report
17/02/2015
in Business
Share on FacebookShare on Twitter

KARACHI: Out of the 25 largest factories operating in Pakistan in 2001, less than seven remain in business today, said an entrepreneur who has been serving Pakistan and Bangladesh’s garment industry with Enterprise Resource Planning (ERP) implementation services for 15 years.

The industrialist said, “Sadly, my customer list reads more like an obituary. In most cases, the owners were seasoned, hard-working and honourable business leaders, no better or worse than their Bangladeshi counterparts. The latter reached $27.1 billion of garment exports last year, from a lowly $3 billion in 2001. We went down from $3 billion to $1.8 billion. Our failure to stem the tide of militancy emerges as the single most decisive reason.”

You might also like

Business community appreciates EXIM Bank Scheme

23/10/2026

Barrister Danyal invites women entrepreneurs to contribute as parliamentarians

22/10/2026

Unlike other export industries, this industry thrives on close interactions with western designers. The former creates sketches but lacks manufacturing facilities to convert them into garments. The latter can’t design products that appeal to western sensibilities, but they do command manufacturing resources that can quickly turn paper designs into products – a process called sampling within the industry parlance, usually done for free by the factory.

Tags: only 7 operational’‘Pak exports went down from $3b to $1.8b: Out of 25 largest factories

Related Stories

Business community appreciates EXIM Bank Scheme

byQaisar Mansoor
23/10/2026

ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan chaired a consultative meeting with leading exporters, industrialists and representatives of the...

Barrister Danyal invites women entrepreneurs to contribute as parliamentarians

byCT Report
22/10/2026

RAWALPINDI: Federal Parliamentary Secretary for Information and Broadcasting, Barrister Danyal Chaudhry on Wednesday formally inaugurated the The Rawalpindi Chamber of...

Punjab unveils Rs300b financing programme for businesses

byCT Report
21/10/2026

LAHORE: Punjab Minister for Industries and Commerce Chaudhry Shafay Hussain has announced a Rs300 billion programme this year, under which...

Punjab govt to ban sale, purchase and use of spying devices equipped with hidden cameras

byCT Report
20/10/2026

LAHORE: The Punjab government has decided to ban the use, purchase and sale of spying devices, including glasses, pens, watches...

Next Post

Budget 2015: India wants to re-impose 5% customs duty on crude oil export  

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.