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Pakistan’s Textile Sector Records Strong Growth

Pakistan’s textile exports rose 5.55% to $3.379 billion during July–August FY2026-27, compared with $3.202 billion a year earlier, according to the Pakistan Bureau of Statistics. Cotton yarn exports surged 34.80%, ready-made garments increased 13.59%, towels rose 6.74%, and knitwear reached $1.004 billion. However, cotton cloth exports declined 7.66%, synthetic textiles fell 11.33%, and bed wear slipped 0.31%, reflecting mixed performance across key textile categories.

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Industry

Solar Pakistan 2026 Opens in Karachi

Solar Pakistan 2026 has opened at Karachi Expo Centre, calling for wider adoption of alternative energy to lower costs and strengthen Pakistan’s energy security. The three-day exhibition runs until October 11 and features more than 350 companies from 15 countries, presenting solar technologies, energy storage solutions and smart grid systems. The event highlights opportunities to expand solar power for households, agriculture and industry.

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Corporate News

1LINK Projects Nearly Rs90 Trillion in 2026 Throughput

1LINK expects transaction volumes across its payment rails to exceed 12 billion in 2026, with total throughput approaching Rs90 trillion. The projection covers financial and non-financial transactions, value-added services and fraud risk management services. In 2025, 1LINK processed over 10 billion transactions worth Rs75.4 trillion, recording nearly 20% growth in volume and 19.3% growth in value. According to the company, its payment transaction throughput is on track to reach approximately 75% of Pakistan’s GDP, highlighting its role in the country’s digital payments ecosystem.

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Industry

SIFC Develops Potential $40 Billion Investment

Pakistan’s Special Investment Facilitation Council (SIFC) is developing a potential $40 billion investment pipeline across energy, infrastructure, IT, agriculture and other sectors, Secretary Jamil Qureshi told a National Assembly committee. He said the prime minister had directed officials to pursue stalled projects involving the UAE and other countries. The committee also questioned whether Pakistan could reach $60 billion in exports by 2030, citing high energy costs, tight monetary policy and taxation. The $40 billion figure represents potential projects, not investment already secured.

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