Utopia CEO, Jabran Niaz, Speaks on Pakistan’s Textile Sector in CxO Magazine
In a recent feature in CxO Magazine, our Chief Executive Officer Jabran Niaz shed light on the pivotal challenges and prospects of Pakistan’s textile industry. Jabran Niaz underscores that Pakistan’s reliance on cotton as its primary raw material has made its growth inconsistent, especially with the global shift towards cost-effective polyester-based textiles. To attain a competitive edge, he stresses the importance of building an ecosystem for polyester textiles in Pakistan. This includes local manufacturing of polyester yarn, dyes, chemicals, and textile machinery, along with reduced custom duty on raw material imports.
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