SHANGHAI:
Eighteen Pakistani textile companies made a strong impression at Yarn Expo Spring 2024 and Intertextile Shanghai Apparel Fabrics-Spring Edition 2024, two of the world’s most important textile and apparel exhibitions, held from March 6 to 8 in Shanghai, China.
The Pakistani body, representing a wide range of textile manufacturers and suppliers, showcased their latest products and innovative technologies, attracting significant interest from global buyers. The participating companies, covering the yarn, fabric, finished products and accessories segments, exhibited a wide range of high quality products including cotton, polyester, mixed yarns, woolen carpets and specialty fabrics. Pakistan’s textile industry has long been known for its quality, competitiveness and ability to meet the evolving demands of the global market.
Consul General of Pakistan in Shanghai Hussain Haider, speaking to CEN at the fair, expressed his pride and optimism at the strong participation of Pakistani textile companies in the two major exhibitions. Highlighting the importance of the presence of the Pakistani textile industry at the exhibition, he said it was a testimony to the country’s rich textile heritage and its commitment to innovation and quality. “Pakistan’s textile industry has emerged as a leading exporter, generating monthly exports of $1.9 billion, cementing its position as the largest industry in the country,” the consul general pointed out.
“Pakistani textiles are known for their competitive pricing, which makes them an attractive choice for shoppers looking for quality products at affordable prices. This competitiveness is supported by the country’s skilled workforce, efficient manufacturing processes and strong supply chain network.”
He also spoke about the growing cooperation between Pakistan and China in textile trade, highlighting Chinese investment in Pakistan, sharing of technological know-how and Pakistan’s intention to learn from China’s innovation and management skills. He also highlighted the potential application of artificial intelligence in the textile industry.
Furthermore, the consul general highlighted the role of exhibitions like Yarn Expo and Intertextile Shanghai in promoting trade and cooperation between Pakistan and China. He said such platforms provide excellent opportunities for Pakistani companies to network with industry peers, explore business opportunities, learn new trends, expand exports and strengthen their global presence.
It is worth noting that many companies highlighted their environmentally friendly production processes and commitment to sustainability, aligning with the global trend for greener production by showcasing their sustainable products. Kohinoor Mills Ltd Marketing Manager Nadeem Waqar emphasized the need to adopt eco-friendly production processes, use sustainable materials and reduce waste. He also highlighted the importance of collaboration and partnership between industry players to achieve a more circular and sustainable textile economy.
With China announcing further measures to expand its imports and providing a major boost to Pakistan’s textile exports, which now enjoy zero tariff treatment under Phase 2 of the China-Pakistan Free Trade Agreement, Mohsin Khan from Reliance Weaving Mills Ltd saw a significant opportunity for Pakistani textiles to capture a larger market share.
This article originally appeared on China Economic Net
Published in The Express Tribune, March 13u2024.
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