Zaraye has raised $2.1 million in pre-seed with TIGER GLOBAL
One of the main challenges facing the finished apparel goods industry in Pakistan is competition from other countries, particularly China and Bangladesh. These countries have lower labor costs and more advanced manufacturing infrastructure, making it difficult for Pakistani manufacturers to compete. Another challenge is the lack of a strong domestic market due in part to a lack of purchasing power among consumers.
1/18/2023 11:37:55 AM
The Pakistani cement industry is growing at an incredible rate, with cement manufacturers contributing mainly to the Pakistani economy. With the cement industry’s incredible contribution to the economy, it makes sense to support the expansion of the construction industry in Pakistan. However, there have been many issues that have been detrimental to the construction industry’s growth; Pakistan’s power crisis is one such issue that could cause many cement companies in the Pakistani industry to unravel. Another issue is the surge in the price of cement in Pakistan due to the volatile economy and increasing dollar rate. Some recovery in the industry is anticipated as flood rehabilitation programs gain pace as well as falling coal prices which could provide support to the sector's margins going ahead.
1/5/2023 12:22:43 PM
After a catastrophic year for the textile industry in Pakistan due to the floods, textile exports in Pakistan have increased again amid an increase in global demand. The textile industry in Pakistan makes up most of the foreign exchange earned as it makes up 60.8% percent of the total exports which was $31.79 billion.
12/21/2022 2:02:30 PM
The textile industry had a record high in textile exports during July-April, 2021- 2022 of $15.98 billion especially compared to the previous year when the exports reached $12.68 billion showing an increase of 25.9% There have been many issues that have been detrimental to the textile industry’s growth; Pakistan’s power crisis is one such issue that could cause the entire industry to unravel.
7/27/2022 12:11:54 PM
The recent textile export growth in Pakistan has occurred despite a wide array of issues in energy. Power supply, reliability, quality, pricing, and gas availability remain a bane for the country’s economic development Such tough decisions have put the survival of textile industries at stake which has, in turn, affected textile exports and the overall Pakistani economy. Steps should be taken like bringing power and gas tariffs down to reduce the cost of doing business and to promote textile exports.
7/6/2022 3:06:23 PM