Economic Analysis for Managers

INTRODUCTION

The textile industry is primarily concerned with the design and production of yarn, cloth, clothing, and their distribution. The raw material may be natural, or synthetic using products of the chemical industry. The basic meaning of Textile is woven or knitted fabric made from yarn. But apart from fibre, yarn and fabric or any other product made from these combinations are defined Textiles. Textile is also associated with clothing production. Fibre is the raw material of textile which may be natural or man-made.

The textile industry is the industry which involves the sections like research, design, development, manufacturing and distribution of textiles, fabrics and clothing. Up until the revolution of industries, fabrics and clothing were made in the home by individuals for personal use. Sometimes they were also resale on a small scale. The Textile industry was born with the invention of the flying shuttle in 1733, the spinning jenny in 1764, and the power loom in 1784. Then the fabrics and clothing began to be mass produced. Invention of cotton ginning in 1792 and sewing machine in 1846 all contributed greatly to the success of the textile industry as well.

The following is the list of few from many textile products.

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Textile Industry In Pakistan

History:

1950’s

The existance of textile was inaugrated with the very first unit with the name of ValikaTextile Mills located in SITE area, Karachi inaugrated by Late Quaid e Azam Muhammad Ali Jinnah.

1960’s

By mid 1960’s, there were about 180 units of textile bleaching, printing and processing units mostly situated in Karachi and Punjab.

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