In a significant boost for Pakistan’s economy, the country’s textile exports have seen a 10.2% increase, totaling $1.47 billion in the latest financial reporting period. This growth comes amid a global economic recovery and increasing demand for Pakistani textiles in international markets.
Industry experts attribute this rise to a combination of factors, including enhanced production capacity, government incentives, and the textile sector’s ability to meet international standards. This positive trend is expected to provide much-needed relief to Pakistan’s trade balance and foreign exchange reserves.
The textile industry, a backbone of Pakistan’s economy, continues to play a vital role, contributing substantially to employment and economic stability.
