SUNTECH Beam Storage System Helps Pakistan's Textile Industry
Suntech beam stacker helps Pakistan's textile industry to grow as textile automation is imperative Textiles and apparel is the largest industry in Pakistan, accounting for 30% of industrial output, employing 40% of the industry's workers, and accounting for 60% of export earnings. The textile industry is very important to Pakistan's economy and its share of the world market for textile exports is 2.2%, with North America, the European Union, and Japan as the main markets. In recent years, Pakistan's textile production has grown rapidly, and in the long run, will continue to achieve export growth. To achieve export-led growth in the sector, the Pakistani government is preparing a textile policy for 2020 to 2025 to make textile products more internationally competitive. The new five-year plan for the textile industry being studied by the Pakistani government will serve as an example of an industry incentive policy to grow textile exports to $25.3 billion by 2025, compar...