Reviving textile sector linked to boosting economy

KARACHI: Karachi University’s ( KU) Department of Chemistry, in collaboration with Office of Research Innovation and Commercialization (ORIC) of KU organized a seminar and training course on Coupling Chemistry with the Revival of Textile Sector & Development at KU on Thursday.

Renowned textile expert Dr. Sitara Rashid expressing her views at the inauguration ceremony said that the Textile is the largest industry in Pakistan, textile sector contributes 8.5 percent to the GDP of Pakistan and it also contributes 57 % to the country’s export. It primarily concerns the design, production and distribution of yarn, cloth and clothing.

The objectives of the textile industry division are to formulate strategies and program to enable the textile sector to meet these challenges and attain global competition. The division also assesses the sector in acquiring benchmarks and compliance standards, specialized trainings and skill development enhancing productivity and carrying out research for better technologies to make it progressive and forward-looking.

KU department of Chemistry Professor Dr. Nasreen Fatima said that Pakistan textiles have faced competition from Bangladesh, India and China due to which Pakistan’s share in global textile market decreased to 1.7 % from 2.2 % during 2015-16, the main reasons were cost of production, energy crisis and lack of research and development. Our textile industry must be provided adequate support and government backing in order to strengthen our economy and boost our exports.

KU’s Chairman department of Chemistry, Prof. Dr. Majid Mumtaz said that we are producing less number of entrepreneurs for that our educational institutions and industry must play their role for empowering our youth. Pakistan is lacking in gap analysis and what is the requirement of the market. New industries will be emerging in future and many industries are going towards their end. We must produce such a conducive and business friendly environment in our country so that our young graduates work in our own country rather going abroad.