IGATEX

The 11th edition of International Exhibition for Garment, Textile Machinery & Accessories – IGATEX will takes place on 26-29 April 2018 at Lahore Expo Centre. The main goal of IGATEX PAKISTAN is to provide a platform to manufacturers and buyers to establish trade relations within Textile sector. Participation in the event gives a great opportunity to learn about latest trends and technologies used in textile industry. IGATEX always captures attention thanks to the record number of visitors every year.

IGATEX is the only event in Pakistan for textile and garments industry and has been setting records every year. Last year it attracted more than 550 exhibitors from 35 countries. Over 50,000 visitors visit IGATEX every year.

Why Pakistan?

The textile sector of Pakistan plays a pivotal role in the country’s economy – its significance stemming mainly from its very large cotton production capacity. The country currently ranks as the 4th largest producer of cotton in the world and the third largest spinning capacity in all of Asia.
According to Textile Policy 2014-19, the textiles industry consists of 11.3 million spindles, 03 million rotors, 350,000 power looms, 18,000 knitting machines and processing capacity of 5.2 billion sq m. It has the 700,000 industrial and domestic stitching machines. In addition, it has a strong fiber base of 13 million bales of cotton and 600,000 tons of manmade fibers including polyester fiber. There are 21 filament yarn units having capacity of 100,000 tons.
The filament and yarn industry is supported by PTA plant which has 500,000 tons capacity. Thus a complete textiles value chain exists in the country which is rare in the world, unlike many competitors which have only primary base or the finished base.
Pakistan’s textile exports went up by 7.91 percent during first quarter (July-September 2017) of this year. Pakistan exported textile goods worth $3.3 billion during July-September period of the FY2018 as against $3 billion of the same period of the last year.
Handsome growth in textile exports pushed the overall exports to $5.2 billion during July-September of FY2018 from $4.7 billion of the corresponding period of the previous year, according to Pakistan Bureau of Statistics (PBS).
The PBS data showed that exports of readymade garments grew 15.97 percent to $608 million in July-September on annual basis. Exports of knitwear posted a growth of 9.35 pc to $647.7 million in July-September of the FY2018. Meanwhile, a rise of over 7.19 pc was noted in bed wear exports that amounted to $567 million.

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