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Pakistan s Economic Woes Leave Textile Industry In Tatters

Factory worker Lubna Babar was made redundant at the beginning of the year, a victim of a crisis in the Pakistan textile industry that has seen it lose ground to more nimble Asian competitors.

pakistan textile: Pakistan s economic woes leave textile industry in tatters

The Pakistan textile industry has taken a hit due to a global consumption slowdown and rising energy costs caused by the war in Ukraine. It was further hit by the critical state of the economy and political chaos. The sector accounts for 60% of Pakistan s exports, and many factories have recently closed temporarily or are no longer running at full capacity.

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