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Textile Serving as a Pillar of Economic Growth

24 October, 2024
Table of Contents

    Pakistan's economy is driven by several key industries, with textiles standing out as one of the largest sectors. This industry contributes a staggering 60% to national exports, significantly boosting the nation’s economic growth

     

    Other than textile, technology, agriculture, and real estate, are also experiencing rapid expansion. Together, these industries are positioning Pakistan as a hub of opportunity and prosperity. 

     

    One Homes is proud to be part of this growing landscape by building living destinations that inspire overseas Pakistanis to live their best lives in their very own homeland. Our developments boast luxurious yet sustainable homes that reflect the best of what Pakistan has to offer. Other than real estate, Pakistan’s textile industry is also becoming more innovative and competitive on the global stage.

     

    The recent TEXPO event in Karachi is set to highlight Pakistan’s growing textile and leather industries. Increased collaboration between the public and private sectors reflects on the export growth that grew by 10.65%, rising to $30.677 billion, in the fiscal year 2023-2024. 

     

    Federal Minister for Commerce Jam Kamal Khan highlighted the importance of innovation, sustainability, and digitisation within the industry. As a result, the textile sector collectively is focusing on value-added textiles, non-cotton apparel, and sustainable materials, ensuring its position in global markets.

     

    The government is committed to creating a business environment that supports investment in new technologies, infrastructure, and skills development. The increased use of eco-friendly practices and focus on digital transformation in supply chains and e-commerce highlights the best use of this investment.

     

    Pakistan’s skilled workforce and local supply of key materials give the country a competitive advantage, driving its textile and leather industries toward a bright, sustainable future.

     

    At One Homes, we are equally committed to innovation and sustainability. Our latest collection, Trinity One, offers overseas Pakistanis a blend of luxury and smart technology. Plus, with our sustainable building practices, we are set to bring a redefined living experience that rivals the best Pakistan has to offer. 

     

    One Homes, noting the country’s growth, is offering investors and homeowners to be part of the country’s exciting future. So, explore our developments today and experience the future of luxury living in Pakistan.

    Book A Call Now

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