Pakistan does not have enough innovation and new product development within the textile sector and, as a result, produces mostly basic apparel products, a new report revealed.
The draft report jointly prepared by the Asian Development Bank and the government of Pakistan is part of the process of formulating a Business Development Plan, and is part of a National Trade Corridor Strategy Study.
The report points out that though the list of issues affecting the textile & apparel sector is long, there are 3 key issues that place Pakistan at a substantial disadvantage. These are value addition, productivity and customer relationships - with perhaps labour productivity acting as the key obstacle for the industry.
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