Monday, February 27, 2012

Loss of Opportunities in the Land of Opportunities

‘At the time of independence Pakistan had something around two and a half textile mills;a small unit at Lahore and one in Faisalabad. We decided to shift production to Multan as Faisalabad would be too big for two textile mills.’ Thus began Mian Mughees A Sheikh’s personal account of the historical political and socioeconomic conditions prevalent in Pakistan’s nascent years when industries first began agglomerate in the predominantly agro based economy of Pakistan.

The current state of the textile sector,once Pakistan’s industrial forte is festering and fizzling away due to unbridled malfeasance by pencil pushers in a dysfunctional system set in place by self serving individuals.

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