Table of Contents

Textile Exports May Achieve $20billion Target for FY 2021-22

As approximately 100 textile mills are being constructed in Punjab and Sindh, it is expected that the country’s textile exports would surpass the $20 billion mark for the fiscal year 2021-22.

Read: E-Challan Payment System Introduced by Capital Smart City

Taking into account the country’s continued export-led expansion, local entrepreneurs have invested $2.5 billion in this building.

According to millers, the country’s textile exports increased after the government understood the challenges facing the industry and acceded to the industry’s demand that gas and electricity tariffs be made regionally competitive with India, Bangladesh, China, and Vietnam.

Presently, the group represents 250 textile factories, 180 of which operate solely in Punjab. Government and industry projections for textile exports for fiscal years 2021-22 and 2022-23 will be aided by the establishment of additional 100 units.

Read: Everything You Need to Know About Land Information Management Systems

The textile and apparel industry exported $15.3 billion in 2020-21, $2 billion more than in 2019-20. In 2021-22 and 2022-23, textile exports are predicted to surpass $20 billion and $25 billion, respectively.

According to him, textile exports experienced a remarkable 23 percent increase to around $15.4 billion in fiscal year 2020-21.

Please contact Al Sadat Marketing for further assistance.

You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave7 Wonders City PeshawarTaj ResidenciaKingdom Valley,  New Metro City Gujar KhanForest Town RawalpindiUniversity Town RawalpindiICHS TownPark View City IslamabadMulti Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit https://alsadatmarketing.com/

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2Prism Town Gujar KhanNew City ParadiseEighteen Islamabad7 Wonders City IslamabadCapital Smart City,  Silver City IslamabadThe Life Residencia,  Faisal Town IslamabadIslamabad Golf CityIslamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

Book Your Plot Now: +92 331 111 0005

Tags :

Share :

About Author
About Author

Syed Sadat Hussain Shah

Leave a Reply

Your email address will not be published. Required fields are marked *