Filament Yarn Manufacturing Industry.

 

            The Synthetic filament yarn manufacturing industry picked up momentum during 5th Five Year Plan when demand raised and hence imports increased and private sector was permitted to make feasible investment in the rising market conditions. Today following three kinds of filament yarn are manufactured locally :-

                                                                                                                           

 

*      CAPACITY OF SYNTHETIC FILAMENT YARN

 

 

 

Type of Yarn

No of Units

Production of Capacity

1.

Accetate Rayon Yarn

1

3000 (M.Tons)

2.

Polyester Filament Yarn

21

95000 (M.Tons)

 

 

Total

98000 (M.Tons)

 

    

            The polyester filament yarn manufacturing activity has slowed down and currently a large scale imports from China has compelled local industry to close down and only 6 units with operational capacity of 55000 looms is supply polyester filament yarn. The local production filament fabrics is not picking up as their exports sales are not feasible and local market is heavily flooded with smuggled goods. The Production of Polyester Filament Yarn is approx. 55000 Tons per annum. Government in the last year reduced in duty on filament yarn. While it was helpful to the Synthetic Weaving Units, its impact on the Filament industry is evident in the form of closure of 15 units. Recently Hosiery sector has started consuming synthetic yarns for export of Knitted Garments which are both value added as well as diversified in product.