25 textile firms contribute 21pc to $25bn exports

Published
6
In this file photo, workers operate a machine at a textile factory in Faisalabad. — AFP/File
In this file photo, workers operate a machine at a textile factory in Faisalabad. — AFP/File

LAHORE: The top 25 textile companies have alone contributed over $5.361 billion, or 21 per cent, to the country’s overall exports of $25bn in 2020-21.

“It is a matter of great pleasure that the exports of the textile sector alone soared by 19.23pc to $15.5bn in 2020-21 compared to $13bn the preceding year,” Aptma (North Zone) Chairman Abdul Rahim Nasir told Dawn on Friday. “It is really unprecedented,” he added.

According to a list shared by trade bodies, Style Textile (Pvt) Ltd exports remained $428.76 million in 2020-21, followed by Interloop Ltd with $331.54m, Artistic Milliners (Pvt) Ltd $329.63m, Yunus Textile Mills Ltd $311.92m, Nishat Mills Ltd $307.32m, Gul Ahmad Textile Mills Ltd $284.25m, Feroze 1888 Mills Ltd $273.04m, Soorty Enterprises Ltd $268.14m, Artistic Fabric & Garment Industries (Pvt) Ltd-$226.42m, Liberty Mills $216.33m, Masood Textile Mills Ltd $213.05m, Sadaqat Ltd $209.22m, US Apparel & Textiles Ltd $197.50m, Al-Karam Textile Mills Ltd $185.25m, Nishat (Chunian) Ltd $169.70m, Novatex Ltd $167.49m, Lucky Textile Mills Ltd $165.79m, Garibsons Ltd $165.65m, Denim Clothing Company $148.58m, Klash Ltd $139.16m, Sapphire Finishing Mills Ltd $137.35m, Gohar Textile Mills Ltd $126.78m, Kamal Ltd $125.75m, Riaz Textile Mills Ltd $121.09m and Sapphire Fibres Ltd $111.87m.

He said keeping in view the rapid expansion in the textile exports owing to increasing investments, Aptma has decided to take all those textile exports companies making $40m to 50m per annum to achieve the figure of $100m each. “If we succeed in doing so, our textile exports alone may jump from $15.5bn to $25bn in next couple of years,” he added.

He said the outstanding export performance of the textile sector is a very good omen for the country’s economy.

Published in Dawn, July 24th, 2021

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Fixing bond markets
01 Oct, 2026

Fixing bond markets

THE plan to deepen the domestic local currency bond market by allowing the public to trade government securities...
Call centre rackets
01 Oct, 2026

Call centre rackets

A NUMBER of recent raids conducted by the authorities in different cities point to the growing threat fraudulent ...
Homeward bound
01 Oct, 2026

Homeward bound

FIVE months after Somali pirates captured an oil tanker carrying a 19-member multinational crew, Somali maritime...
Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...