Lahore [Pakistan], December 31 (ANI): Pakistan’s textile industry, which was once poised to achieve higher export earnings, started to lose its momentum, as per The Express Tribune. 2024 has been a challenging year for this crucial sector, often referred to as the backbone of the nation’s industrial economy. In the fiscal year 2023-24, textile exports saw a modest growth of 0.93 per cent, generating a substantial USD 16.7 billion in export revenues. However, during the first five months of FY25, textile exports reached USD 7.607 billion, reflecting a 10.51 per cent increase compared to the sam…

Read More