Under the pressure of declining exports and growing global competition, Pakistan textile industry is planning to invest between $7 to $10 billion. It had already invested $6 billion in last five year.
Pakistan's Textile Vision 2015 will be boosted with the help the new investment and this will lead to more than 15 billion annual export of cotton production.
According to WTO, global textile trade will rise to $800 billion from current $350 by 2014, in which China will share 26 percent, while India and Pakistan will share 4 and 2.7 percent respectively.
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