Pakistan sets sights on $60bn export goal with focus on textile sector
Wire desk byline Sourced from Xinhua, Dawn, Arab News, Anadolu and Minute Mirror. Translated and abridged by the GSRRA Desk.
Under the “Uraan Pakistan” plan, government emphasizes modernization, value addition, and export-friendly reforms
Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal has highlighted the textile sector as a central driver in Pakistan’s pursuit of a $60 billion export target by 2029.
Speaking at the third meeting of the Prime Minister’s Committee on the Export Facilitation Scheme (EFS), the minister stressed the need for modernization, innovation, and value-added production to strengthen Pakistan’s global trade presence.
“The garments and apparel industry is the future of our export economy,” Iqbal said. “We need to focus on design, quality, and branding to compete internationally.”
The textile sector, long considered the backbone of Pakistan’s manufacturing base, is expected to lead the government’s recently launched “Uraan Pakistan” initiative — a five-year economic framework that outlines eight priority areas for export growth: textiles, agriculture, industry, IT, services, manpower, the blue economy, and creative industries.
Iqbal pointed to global examples such as China, Vietnam, and Malaysia to underscore the importance of cluster-based development and integrated supply chains. He called for the establishment of competitive export ecosystems, particularly in textiles, that go beyond basic manufacturing to include sustainability and global market positioning.
In response to concerns raised by industry representatives about tax-related challenges and regulatory bottlenecks, the minister reaffirmed the government’s commitment to creating a more business-friendly environment.
“Our future lies in transitioning from raw material exports to value-added goods,” he added, noting that long-term economic resilience depends on this shift.
The meeting was also attended by Commerce Minister Jam Kamal Khan, senior government officials, and over 60 members of the business community, including leading textile exporters who joined virtually.
Reference Link:- https://profit.pakistantoday.com.pk/2025/04/07/pakistan-sets-sights-on-60b-export-goal-with-focus-on-textile-sector/
Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…
