...marketplaces. He defines the industry as 'the group of firms producing products that are close substitutes for each other' (Porter, 1998). Prior to exploring any new marketplace and business line, it is essential that a profound structural analysis be performed. The forces that determines the ultimate potential and threats for competitions for an industry are 1. Competitive Rivalry 2. Threat of Entry 3. Threat of Substitution 4. Bargaining powers of Buyers 5. Bargaining power of Suppliers Textile Industry Analysis Industry Overview Pakistan is the world's 4th largest producer and 3rd largest consumer of cotton. Because of its plentiful, indigenous cotton supply, the textile industry is central to the Pakistani economy and is both a source of employment and a source of exports. Pakistan's industrialization began in the 1950s with the textile industry at its center. The Textile and Clothing Industry has been the main driver of the economy for the last 50 years in terms of foreign currency earnings and jobs creation. The Textile and Clothing Industry will continue to be an important engine for future growth of the economy; there is no alternative industry or service sector that has the potential to benefit the economy with foreign currency earnings and new job creation, especially if synergy is developed amongst different subsectors and efforts are made to aggressively grow the Ready Made Clothing Sector. Pakistan's Textile Industry had proved its strength in...
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...| Hussain Industries: Hussain industries is known to be one of the largest textile manufacturers in Pakistan. It is located in the hub of textile industries in Pakistan, the city of Multan, which is also famously known as the largest cotton growing city. This company is a partnership and is currently equally being shared between two parties. Hussain industries has been manufacturing articles with intense colour tones which include the following: Articles with intense color tones, including dyed yarns, printed kitchen towels, napkins, tea towels, table cloths, terry towels, surgical towels, industrial towels (with and without logo, tile motifs, check variants, micro checks, graduated checks and linear embroidery), herringbone, mono checks, dishcloths, shower curtains, hospital bed sheets, thermal blankets, bedspreads, draw sheets, upholstery, handkerchiefs, aprons, place mats, pot holders, gloves, and beach throws. These are manufactured using dobby looms, jacquard looms, and shuttle looms, which allow for state of the art floral motifs, subtle shadows, and colour gradients. KARACHI: The textile sector enjoys a pivotal position in the exports of Pakistan. The contribution of this industry to total gross domestic product (GDP) is 8.5%. It provides employment to about 15 million people, 30% of the country’s workforce of about 49 million. The annual volume of total world textile trade is $18 trillion which is growing at 2.5%. But Pakistan’s share is less than one per cent...
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...Laboratories (Pakistan) Ltd. 29. 2. Bawany Air Products Ltd. 30. 3. Berger Panints Pakistan Ltd 31. Pakistan Pvc Ltd. 4. Biafo Industries Ltd. 32. Sanofi-Aventis Pakistan Ltd. 5. Buxly Paints Ltd. 33. Sardar Chemical Industries Ltd. 6. Clariant Pakistan Ltd. 34. Searle Pakistan Ltd. 7. Colgate Palmolive Pakistan Ltd. 35. Searle Pakistan Ltd. 8. Data Agro Ltd. 36. Sitara Chemical Industries 9. Dawood Herclues Chemicals Ltd. 37. Sitara Peroxide Ltd. 10. Dewan Salman Fibre Ltd. 38. United Distributors Pakistan Ltd. 11. Dynea Pakistan Ltd. 39. Wah Noble Chemicals Ltd. 12. Engro Chemical Pakistan Ltd. 40. Wah Noble Chemicals Ltd. 13. Fauji Fertilizer Bin Qasim Ltd. 41. Wyeth Pakistan Ltd. 14. Fauji Fertilizer Company Ltd. 42. Zulfeqar Industries Ltd. 15. Ferozsons Laboratories Ltd. 16. FFC Jordan Fertilizer Company Ltd. 1. Attock Petroleum Ltd. 17. Gatron Industries Ltd. 2. Attock Refinery Ltd. 18. Glaxo Smith Kline Pakistan Ltd. 3. Byco Petroleum Pakistan Ltd. 19. Highnoon Laboratories Ltd. 4. National Refinery Ltd. 20. I. C. I. Pakistan Ltd. 5. 21. Ittehad Chemicals Ltd. Oil Companies Advisory Committee (Formerly Pakistan Petroleum) 6. Pak Arab Refinery Ltd. 22. Leiner Pak Gelatine Ltd. 7. Pakistan Oilfields Ltd. 23. Linde Pakistan Ltd. (Formerly BOC Pakistan) 8. Pakistan Petroleum Ltd. 24. Lotte Pakistan PTA Ltd. 9. Pakistan Refinery Ltd. 25. Mandviwalla Maser & Plastic Industries Ltd. 10. ...
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...Pak-AIMS (Institute of Management Science | Top Three Export Commodities of Pakistan | | Program: MBA (Evening) Submitted To: Sir Abdul Qayyum Qureshi Submitted By: Muhammad Tayyab Roll # 111405 Top Three Export Commodities of Pakistan Rice: Rice Export in 2012-13: PAKISTAN’S basmati rice exports are showing signs of an upswing after suffering a plunge in the first six months of this fiscal year because of domestic higher prices, poor marketing and lower prices of India’s basmati. In January 2013, basmati exports were up by 15 per cent, reaching 43,718 metric tonnes compared to 38,294 tonnes in January 2012. Traders are optimistic that the commodity would regain normal levels before the end of the current fiscal year as the price gap between Indian and Pakistani basmati rice has started narrowing. India has been selling rice at a price lower than Pakistan’s – at $100 per tonne against Pakistan’s $1,100-1,150 per tonne. According to Rice Exporters Association of Pakistan (Reap) Pakistan exported 21,000 metric tonnes basmati rice during the first week of March 2013. Total rice exports during July 2012 to February 2013 have already touched more than $1 billion mark, and during the July-March period, the country exported around 350,000 tonnes, and two million tonnes non-basmati rice. Meanwhile, China has become a major market for Pakistani non-basmati rice, and a record sale of 72,623 tonnes, worth $30 million, took place in January 2013 alone. Besides...
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...Pakistan's Textile and Clothing Sector: Its Future in the European Union Karin Astrid Siegmann Working Paper Series # 110 November 2009 All rights reserved. No part of this paper may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording or information storage and retrieval system, without prior written permission of the publisher. A publication of the Sustainable Development Policy Institute (SDPI). The opinions expressed in the papers are solely those of the authors, and publishing them does not in any way constitute an endorsement of the opinion by the SDPI. Sustainable Development Policy Institute is an independent, non-profit research institute on sustainable development. © 2009 by the Sustainable Development Policy Institute First Edition November 2009 Mailing Address: PO Box 2342, Islamabad, Pakistan. Telephone ++ (92-51) 278134, 278136, 277146, 270674-76 Fax ++(92-51) 278135, URL: www.sdpi.org Table of Contents Abstract .................................................................................................................1 1. EU-Pakistan Trade in Textiles and Clothing: A Love – Hate Relationship? ...........1 2. Character matters: structural features of T&C trade..............................................1 3. Anatomy of textiles and clothing trade between Pakistan and the EU ...................4 4. Future scenarios for a contested relationship...
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...organization can run. All the activities of the business concerns end with consumers and consumer satisfaction. Sadiq investigated the Economic Impact of Retailing in Pakistan. He found that the saturation of Retail markets in the developed countries and the growth potential of Asian markets had been enticing the big retailing giants to enter the business markets of countries like Pakistan whose retail potential expected to be $42 billion. Hanley & Leahy, (2008) examined the effectiveness of relationship marketing strategies used by department stores. Their primary objective of the study was to discover the extent to which customers use and influenced by relationship marketing strategies. They found that that customer perceived that relationships exist between the customer and the department store. These relationships developed as a result of positive personal interactions between customers and department store staff and as a result of certain value driven relationship marketing strategies. Khan & Khan, (2010) investigated that Pakistan Textile Industry Facing New Challenges. They found that Pakistan textile industry contributed more than 60 percent (US $ 9.6 billion) to the country’s total exports. This industry also had faced great...
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...New textile policy brings in Rs 3,800 cr investment The Hindu Business Line: October 22, 2012 Mumbai: The textile sector is on the upswing in Maharashtra due to the new textile policy. Since April, the State has managed to attract Rs 3,834 crore in investments in 411 new textile projects, said State Textile Minister Arif Naseem Khan on Monday. Addressing the media after reviewing the process of policy implementation, Khan said that the new projects would provide about 30,000 jobs in the State. Most of the investment has happened in cotton spinning and ginning units. Textile companies are keen to set up units in Vidarbha, Marathwada and the Khandesh due to the ready supply of cotton, he said. “Due to the policy, the sector is likely to get Rs 40,000 crore investment in the next five years and generate employment for 11 lakh people,” Khan said. Khan said that the policy was not a single-window policy but a ‘zero-window policy,’ in which projects would not come to the Government for clearance, The due diligence is done by banks. If a company manages to get its loan sanctioned under the Technology Upgradation Fund Scheme from banks, then it is eligible for subsidy, he said. The Union Government initiated the Scheme in 1999, and it has attracted over Rs 4 lakh crore investments in the sector, as of date. Textile Secretary Sunil Porwal said that all the 411 projects have achieved financial closure. For the Rs 3,834 crore investments, about Rs 400 crore will be the subsidy...
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...[pic] WAQAS JAMAL AHMED Contact:-00971529353809 E-mail: waqo.ahmed@gmail.com PERSONAL PROFILE Father Name : - Tanweer Jamal Date of Birth : - 30/04/1985 C.N.I.C : - 42201-0582298-9 Domicile : - Karachi (Sindh), Pakistan Marital Status : - Single Permanent Address: - Flat No: - 104 Block (9) County Garden Scheme 33 Sector 14-B Gulshan-e-Iqbal, Karachi, Pakistan (75300) Career Objective: To pursue a reputed organization with sincere efforts and better Self Continual improvement to achieve the organizational goals Education: • MSc in Marketing from University Of Wales, Cardiff, United Kingdom. (2011-2012) • B.S. Textile (Wet Processing, Garments) with average C.G.P.A 2.9 From Indus Institute of Higher Education (2007) • Intermediate Pre-Engineering from Govt. ForMen College Nazimabad Karachi, Pakistan. (2003) • Matriculation (Science) from St.George’s School Karachi, Pakistan. (2001) JOBS Experienced: • Lyca Mobile & Now Mobile as a Senior Sales Assistant , Manchester, United Kingdom (2 years Working Experience) • Adamjee Insurance Company Limited as a Sales Executive. (2 years Working Experience) • X-pertex Denim Mill I was doing job in 3 month (Marketing Merchandiser) with deals Denim, woven fabric and Garments (exports). • ASCO International Pvt Ltd I...
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...Business and Economic Research ISSN 2162-4860 2013, Vol. 3, No. 2 Determinants of Firm’s Financial Performance: An Empirical Study on Textile Sector of Pakistan Ali Abbas (Corresponding Author) Hailey College of Commerce, University of the Punjab Lahore, Pakistan Tel: 92-333-897-4480 E-mail: mianali348@hotmail.com Zahid Bashir Faculty of Finance at School of Business, Economics & Management Sciences Imperial College of Business Studies Lahore, Pakistan Tel: 92-323-849-8515 E-mail: zahid.bashir.332@gmail.com Shahid Manzoor Hailey College of Commerce, University of the Punjab Lahore, Pakistan Tel: 92-313-413-1676 E-mail: shahidmanzoor09@yahoo.com Muhammad Nadeem Akram Mezan Bank, Quaid-e-Azam Industrial Estate Branch Lahore, Pakistan Tel: 92-331-402-2421 E-mail: nadeemakram@live.com Received: July 5, 2013 doi:10.5296/ber.v3i2.3958 Accepted: July 18, 2013 URL: http://dx.doi.org/10.5296/ber.v3i2.3958 Abstract The current study aims to find out the determinants significantly affecting the firm’s financial performance in textile sector of Pakistan for the period 2005-2010. The researcher used panel/longitudinal data set which are created with the help of State Bank of Pakistan’s annual publication named as “Financial statement analysis of companies (non-financial) listed in KSE for the period 2005 to 2010 which is available at www.sbp.org.pk online. The researcher used one-way fixed effect model due the presence of cross-sectional fixed effect in the regression ...
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...Spinning Review | Spinning industry of Pakistan: Prospects and challenges by Dr. Noor Ahmed Memon The textile industry consists of large-scale organized sector and a highly fragmented cottage / small-scale sector. The various sectors that are a part of the textile value chain. Most of the spinning industry operates in an organized manner with in-house weaving, dyeing and finishing facilities. Weaving comprises of small and medium sized entities. The processing sector, consists of dyeing, printing and finishing sub-sectors. in this context, only a part of this sector is operating in an organized state, able to process large quantities while the rest of the units operate as small and medium sized units. The printing segment dominates the overall processing industry followed by textile dyeing and fabric bleaching and now some installation of digital printing technologies. Dr. Noor Ahmed Memon highlights machinery imports, yarn production and export statistics for the interest of our readers. | The spinning industry is comprised of 440 textile units (50 composite units and 390 spinning units) with 11.4 million spindles and 0.135 million rotors in operation with capacity utilization of 89% and 60% respectively, during the year 2011-12. Import of textile spinning machines and parts decreased from Rs 5.28 billion in 2010-11 to Rs 4.23 billion in 2011-12, thus showing decline of 75% due to the a decrease in textile exports and output capacity in view of law and order situation...
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...[pic] [pic] |Financial Ratios |2009 |2010 | |PROFITABILITY RATIOS | | | |Gross Profit Margin |-1 |0.161151 | |Operating Profit Margin |0.086927267 |0.083948 | |Pre Tax Profit |0.012214535 |0.035971 | |Net Profit Margin |0.005767821 |0.024254 | |ACTIVITY RATIOS | | | |Short Term Activity Ratios: | | | ...
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...dated 01st January 2008, the Central Body elections of All Pakistan Textile Processing Mills Association (APTPMA) were announced by Mian Aftab Ahmed on behalf of Mian Shabbir Ahmed, Returning Officer for APTPMA Elections 200708. The elections were conducted as per directions and orders of the Director General Trade Organizations (DGTO) issued to all the Trade Bodies of Pakistan for the purpose. Following five (5) office-bearers were elected unopposed for the Central Body: Chairman: Mr. Muhammad Riaz Sheikh of M/s Riaz Fabrics, Lahore, Senior Vice Chairman: Mian Ajmal Farooq of M/s Noor Fatima Fabrics Faisalabad, Vice Chairman (Central) Faisalabad: Sheikh M.Amjad Javed of M/s Al-Hamra Textile Industries Faisalabad; Vice Chjairman (Central) Karachi: M.Altaf Shekhani of M/s Shekhani Industries Karachi; Vice Chairman (Central) Lahore/Gujranwala Region: Sheikh Ejaz Raza of M/s Rehman Dyeing, Gujranwala. Besides Central Body elections, the following Regional Chairmen, Regional Vice Chairmen and members Executive Committee were declared elected unopposed earlier:Regional Chairman Faislabad Region: Sheikh Nazim Shahzad of M/s Ittehad Textile Industries, Faisalabad; Regional Vice Chairman Faisalabad: Sheikh Muhammad Akram of M/s Al-Habib Dyeing Faisalabad; Regional Chairman Karachi Region: M.Anees Motiwala of M/s Motiwala Industries Karachi; Regional Vice Chairman Karachi Region: Abdul Ghaffar Essa of M/s Essatex Industries Karachi;...
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...Changing revealed comparative advantage: a case study of footwear industry of Pakistan by Naseem Akhtar, Nadia Zakir, Ejaz Ghani Comments • 1 • 2 • 3 • 4 • 5 • 6 • 7 • 8 • 9 • 10 • 11 • Next The study looks at the issues facing the footwear industry regarding its competitiveness in the global perspective and its potential for growth. The methodology of Revealed Comparative Advantage (RCA) is used to analyse the comparative advantage at 2-digit and 4-digit levels of industrial classification. The paper highlights the problems faced by the footwear industry and identifies the role of entrepreneurship for the progress of the industry. The analysis shows that in recent years, specifically the period from 2003-06, the footwear industry has moved from disadvantage (as compared with China and India) position to comparative advantage. The study indicates that there is potential for higher growth of the industry and it can become a source of export earnings. The study suggests that in the rapidly changing global economic environment and in the face of increasing cost of doing business in Pakistan, there is a need to strengthen the competitiveness of the footwear industry in Pakistan. JEL classification: L67 Keywords: Revealed Comparative Advantage, Footwear, Pakistan. 1. INTRODUCTION The global export patterns are changing fast as a result of reduction in trade barriers and technological advancements that have led to gains in productivity and change in...
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...University of Helsinki | Cotton International World Trade | International Agricultural Trade and Trade Theory [MPOL18] | | Kwen Jinhee, Hardy Thomas, and Ng Earl | 27/02/2014 | | Table of Contents Introduction 3 The major producers, consumers, exporters and importers in January 2014 3 Major producers 3 Major consumers 4 Major exporters 4 Major Importers 5 Statistics since 1980 6 Major Producers 1980-2013 6 Major Consumers 1980-2013 7 Exporters 8 Importers 8 Price Trend 9 Amount of land used 10 Policies endowment of cotton world trade 10 China 10 India 12 United States of America 13 Pakistan 14 Brazil 16 Conclusion 17 Appendices 18 References 20 Introduction Cotton fiber is the most important natural fiber in the world. Cotton farming is a very old activity. Cotton is used for fabric since prehistoric times. Cotton is a plant fiber that surrounds the cotton seeds that are below to the genus Gossypium. The fiber is almost entirely constituted with cellulose. It is the most widely natural fiber used for clothing in the world. According to the United States Department of Agriculture, 2.5% of the arable lands in the world are used for the cotton production. Cotton represents one of the most important agricultural commodities on the international world trade. Almost all the production is situated in the North hemisphere. In fact, there is a few numbers of actors in the cotton trade. Therefore, most of them can influence...
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...SBP-Research Bulletin Volume 1, Number 1, 2005 © 2005 by the State Bank of Pakistan. All rights reserved. Reproduction is permitted with the consent of the Editor. OPINIONS Trade between India and Pakistan: Potential Items and the MFN Status Abid Qamar∗ During the last several years, opening up of trade between India and Pakistan has become the most sought after question at many policy forums and among concerned groups. The issue has gained particular importance after India granted the Most Favored Nation (MFN) status to Pakistan, to comply with the principles of World Trade Organization (WTO) regime in 1995, and Pakistan’s reluctance in reciprocating so far. It is believed that increased trade relationship can play a vital role in normalizing the political relationship between the two countries. This will, therefore, benefit millions of people living in both countries as the resources would be diverted from less desirable areas, such as defense spending, to poverty alleviation initiatives. Given the likely impact of trade liberalization between the two countries, the unavailability of any established estimate of potential trade and the items likely to be traded is unfortunate. With a view to come up with some estimates based on some methodology, however simple it is, this note attempts to find the potential of trade between the two countries by identifying the potential items. It estimates the scope for exports and savings by substituting our imports from...
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