Whenever it comes to Pakistan’s exports, the textile industry of the country is second to none. Even the world was suffering from the COVID-19 pandemic, the industry has served the country to increase its exports and contributed significantly towards the country’s GDP. In the fiscal year 2020-21, the textile industry has contributed over $5.361 billion, equivalent to 21% of total exports of $25bn.
Abdul Rahim Nasir, Chairman APTMA (north zone), told Dawn News that “It is a matter of great pleasure that the textile sector exports alone soared by 19.23pc to $15.5bn in 2020 21 compared to $13bn the preceding year. It is really unprecedented. Keeping in view the rapid expansion in the textile exports owing to increasing investments, Aptma has decided to take all those textile exports companies making $40m to 50m per annum to achieve the figure of $100m each. If we succeed in doing so, our textile exports alone may jump from $15.5bn to $25bn in next couple of years.”
According to a list shared by trade bodies, Style Textile (Pvt) Ltd exports remained $428.76 million in 2020-21, followed by Interloop Ltd with $331.54m, Artistic Milliners (Pvt) Ltd $329.63m, Yunus Textile Mills Ltd $311.92m, Nishat Mills Ltd $307.32m, Gul Ahmad Textile Mills Ltd $284.25m, Feroze 1888 Mills Ltd $273.04m, Soorty Enterprises Ltd $268.14m, Artistic Fabric & Garment Industries (Pvt) Ltd-$226.42m, Liberty Mills $216.33m, Masood Textile Mills Ltd $213.05m, Sadaqat Ltd $209.22m, US Apparel & Textiles Ltd $197.50m, Al-Karam Textile Mills Ltd $185.25m, Nishat (Chunian) Ltd $169.70m, Novatex Ltd $167.49m, Lucky Textile Mills Ltd $165.79m, Garibsons Ltd $165.65m, Denim Clothing Company $148.58m, Klash Ltd $139.16m, Sapphire Finishing Mills Ltd $137.35m, Gohar Textile Mills Ltd $126.78m, Kamal Ltd $125.75m, Riaz Textile Mills Ltd $121.09m and Sapphire Fibres Ltd $111.87m.
