IMPACT OF ENERGY CRISIS ON GARMENT INDUSTRY EXPORT OF PAKISTAN

Abstract

The Purpose of this study is to analyze the impact of the energy crisis on readymade garment industry export of Pakistan. The Pakistan readymade garment industry contributes 13% of the total textile export of Pakistan. Pakistan exports readymade garment to major countries like United States of America and European countries. This sector faces electricity shortfall due to which its annual export declines. In order to check the impact of electricity crisis on the readymade garment industry export, regression technique is used, the sample period is 1995 to 2013 data on energy generation and readymade garment industry export is collected from the handbook of statistics on Pakistan economy. After analysis it was found that readymade garment export of Pakistan is affected by energy crisis. The readymade garment industry can regain its global image only if government takes serious measures in reducing the energy crisis and normalized and sustain the supply of electricity to the readymade garment industry in order to increase the export of the country.