Comments on: Pakistani Textiles: Condition Red! http://www.pkhope.com/pakistani-textiles-condition-red/ A Candid Blog Thu, 24 May 2012 22:10:20 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Hassan Amin http://www.pkhope.com/pakistani-textiles-condition-red/comment-page-1/#comment-493581 Hassan Amin Sun, 05 Jul 2009 09:57:18 +0000 http://www.pakspectator.com/?p=13035#comment-493581 Here, we are also neglecting the frequent power outages common these days. With loadshedding for almost 12 to 14 hours daily, how can we expect our textile industry to compete at international level? Here, we are also neglecting the frequent power outages common these days. With loadshedding for almost 12 to 14 hours daily, how can we expect our textile industry to compete at international level?

]]> By: johann http://www.pkhope.com/pakistani-textiles-condition-red/comment-page-1/#comment-493575 johann Sun, 05 Jul 2009 09:53:50 +0000 http://www.pakspectator.com/?p=13035#comment-493575 Hi Ibrahim, US or EU cannot give duty free access without breaking WTO guidelines for pakistan textiles. Bangladesh had this quoto system as also pakistan and Nepal.Now China and India are catching up. But bangladesh is fighting back. Your textile industry must fight back as you have plenty of cotton yourself. Your textile OWNERS must learn to survive in WTO regime like Bangladesh. Hi Ibrahim,
US or EU cannot give duty free access without breaking WTO guidelines for pakistan textiles. Bangladesh had this quoto system as also pakistan and Nepal.Now China and India are catching up. But bangladesh is fighting back. Your textile industry must fight back as you have plenty of cotton yourself.
Your textile OWNERS must learn to survive in WTO regime like Bangladesh.

]]> By: Arias http://www.pkhope.com/pakistani-textiles-condition-red/comment-page-1/#comment-489676 Arias Sat, 04 Jul 2009 06:31:28 +0000 http://www.pakspectator.com/?p=13035#comment-489676 Mian Usman, and Ibrahim fully agreed being related to textile sector, i would put the balme 50%-50% on private and Government sector and an additional 20 % on the banking sector only last week i came to know about a private textile mill owner getting a loan of 25 cr rupees, and the first thing the owner and his son did was to buy a brand new zero meter Land Crusier and a Mercedes, despite having the same brand of cars they bought last year which were also brand new zero meter i know it takes two to clap, here everyone is a culprit Mian Usman, and Ibrahim

fully agreed

being related to textile sector, i would put the balme 50%-50% on private and Government sector and an additional 20 % on the banking sector

only last week i came to know about a private textile mill owner getting a loan of 25 cr rupees, and the first thing the owner and his son did was to buy a brand new zero meter Land Crusier and a Mercedes, despite having the same brand of cars they bought last year which were also brand new zero meter

i know it takes two to clap, here everyone is a culprit

]]> By: Mian Usman http://www.pkhope.com/pakistani-textiles-condition-red/comment-page-1/#comment-489618 Mian Usman Sat, 04 Jul 2009 06:00:49 +0000 http://www.pakspectator.com/?p=13035#comment-489618 Very nice Article Ibrahim, industry focuses on relying on government support but despite the most important and biggest export oriented industry, our waste and rejection levels are same which were ten years back, we lack professionals i-e, right man for the right job. Hundreds of examples CEO's cuz director admn, CEOs nephew director HR, CEOs son Director Marketing, CEOs uncle director production most of these relatives know absolutely nothing about textiles, they join and make the mess of every thing in 2-3 years before they start knowing a little about it. Banks give loans blindly, I think there should be a condition of reviewing the profiles of senior management and even top management. Our textile sector invests heavily through banks in machinery, one of the reasons is getting kick backs on over invoiced machines, we hardly see investment in training and human resource apart from few good groups. We hardly see investment in industrial engineering which could guide mills how to improve process flows, how to control rejections, how to save costs etc and we still see Textile sector weeping. In the good old days they have earned a lot through fake sales tax refunds and biggest reason is that they dont re-invest profits for timely maintenance of pplant and machinery, employees social welfare etc. We talk about profits they even use loans for the mills to have cars like Porsche Cayyane, Range rovers, Bentley, BMW 7 series, Audi Q5 and Q7, Mercedes S class or invest the mills loan in the real estate buying and development. Again a very timely effort on you part backed up by the figures but my blame to government is 40% and rest 60% on industry as like you I have served this sector for 15 years and have deeply studied what actually goes on there. Very nice Article Ibrahim, industry focuses on relying on government support but despite the most important and biggest export oriented industry, our waste and rejection levels are same which were ten years back, we lack professionals i-e, right man for the right job. Hundreds of examples CEO’s cuz director admn, CEOs nephew director HR, CEOs son Director Marketing, CEOs uncle director production most of these relatives know absolutely nothing about textiles, they join and make the mess of every thing in 2-3 years before they start knowing a little about it. Banks give loans blindly, I think there should be a condition of reviewing the profiles of senior management and even top management. Our textile sector invests heavily through banks in machinery, one of the reasons is getting kick backs on over invoiced machines, we hardly see investment in training and human resource apart from few good groups. We hardly see investment in industrial engineering which could guide mills how to improve process flows, how to control rejections, how to save costs etc and we still see Textile sector weeping. In the good old days they have earned a lot through fake sales tax refunds and biggest reason is that they dont re-invest profits for timely maintenance of pplant and machinery, employees social welfare etc. We talk about profits they even use loans for the mills to have cars like Porsche Cayyane, Range rovers, Bentley, BMW 7 series, Audi Q5 and Q7, Mercedes S class or invest the mills loan in the real estate buying and development.

Again a very timely effort on you part backed up by the figures but my blame to government is 40% and rest 60% on industry as like you I have served this sector for 15 years and have deeply studied what actually goes on there.

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