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Reasons
Cost of Production, Fluctuation in Yarn prices, Technological backwardness, Power and energy shortages,
Cost of Production
Cost of Production increased due to war on terrorism, Flood, unexpected fluctuation of the yarn prices and international financial crunch,
Technological backwardness,
New and advance technology has resulted in competition around the world and now efficiency and productivity are important factors for a nation. Pakistans 80% textile industry is SME using traditional methodologies and machinery resulting in low performance of man and machines.
Market Access
Pakistan was the Asian player before 2000 but due to the internal problems, it starts loosing the international market share. Nowadays, main market of Pakisatn is USA and after that Europe. There is need to explore japans market, Middle East and some countries of the Europe union with better GPS level (like
Impacts
We are not fulfilling buyers orders on time. We are unable to offer competitive cost offer to our buyer. We are not in position to compete other countries buying houses globally, In these circumstances it is impossible to meet Break-even point. Due to all these problems discussed
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