Analysis of the Inevstments Made in the Textile Sector in the Past 3 year-in the WTO perspective

Abstract

This study , "Analysis of the investment in the textile sector over the past three years - in the WTO perspectiven has been car ried out by Zara Basharat under the supervision of Sir Aurengzeb in order to fulfill the requirement BBA (hans) degree , the report compromises a total of 55 pages . And is being submitted on September 15 , 2004 . The study i s descriptive in nature and has used secondary data for analysis . It analyzes the present state of affairs prevailing in he textile and clothing sector of Pakistan . The study examines the challenges faced and the opportunities available , especially under the WTO regime . The role of competitors has also been analyzed . A number of recommendations have been made to survive and grow . Foreign direct investment could help. Focus should be on up gradation of technology and value addition . Human resource should be developed to provide highl y skilled workers , and managers to the sector . At the government level , a fullfledged Ministry of Textile Development has been created, so that timely policy initiatives could be taken development of the sector . Internationally recognized accreditation should be obtained to make exports more acceptable . The cost of doing business in Pakistan is too high ; it has been recommended that this cost should be significantly reduced , so t hat young e ntrepreneurs are attracted to the sector