Flight of textile sector from the country powered on incentive offering neighbours
15 Feb '06
2 min read
Other steps include a Rs191.70 crore Apparel Park for Exports Scheme and Rs270.80 crore Textile Centre infrastructure development scheme in India.
On the contrary, Pakistan's industry currently faces major shortage of skilled labour and hard put to keep pace with its neighbours.
However, the industry is bets on floating interest rates through Karachi Interbank Offered Rate (KIBOR), and other financial units, doubling of prices, sluggish exchange rate, poor logistics and utilities that have allready risen to gargantuan levels.
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