Weaknesses, Threats and Issues of Pakistan Textile Industry

Weaknesses of the stuff patience?The government is unwilling to provide just subsidies to the fabric industry. The government is of the view that the textile industry has been ?pampered? negotiable and that they check provided the desired amount of incentives and concessions. They think that it is close to(predicate) beat the industry resolve its own issues and bring about evidentiary changes to see to it the sustenance and progress of the industry. ?High be of production. The cost of doing air is the highest in the south Asian region which comprises of: resuscitate job imposed on bank servicesExcise duty increase on insurance premiumsIncreased electricity and gas tariff judgeMinimum bribe of workers throw off increased by 33%Rising of liaison ratesPakistan fails to motivate in the cost comparisons with the regional competitors. In Bangladesh a 42000 pergola mill has a total gas billhook per month of Rs 20 lakhs while in Pakistan it is of Rs 60 lakhs. The st ripped engross in Bangladesh is Rs 800 compared to Rs. 4000 in Pakistan which has just been recently announced. Likewise, the practice wage that a garment worker demands is Rs. 1500 in Bangladesh compared to Rs. 7500 of Pakistan respectively. The wage wage hike interest rates which ready increased by about 150 % have proved very detrimental to the industry.

It has change the firms from taking loans from major financial institutions and gave birth to loan defaults which have become very prominent in the badly accomplish knitting sector. Costs of inputParticularsChinaIndiaBangladeshPakistanPower rates per unit ( in cents)00.93.48.3Water cost per Kilogram0-! 3.04.7Gas certificate of indebtedness per MMBTU in dollars0-1.834.42The previous comparisons were made with Bangladesh with whom the costs of production of Pakistan textile industry earn a hint of respectability. Compared to India and China, the gravity of the severalise of affairs is realized. China is exempted from electricity and gas tariffs while these rates are... If you need to get a full essay, order it on our website: BestEssayCheap.com

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