and India are emerging as the favorites for bagging the
lion's share out of $400 billion global textile market
because both the countries have developed their industry to
the level of economy of the scale to meet the market demand
and compete in terms of quality as well as price. As far as
Pakistan was concern, it has yet to improve in various
directions. Though it has the capacity to produce quality
products, yet it lags in terms of price and quantity. For
this, the industry should have to join hands for a common
goal. They have the potential and capacity, the only thing
which lacks is the willingness to live and prosper together.
The international textile analysts estimate that
which commands over 15 per cent of the nearly $400 billion
global market in textiles, would be the biggest gainer in
quota free regime. Indeed, there is evidence that China's
market share could cross 25 per cent.