APTMA

Industrialists say rising costs, lack of energy solutions threaten sector viability

Voices concern over rising energy costs, calls for competitive rates to sustain global competitiveness.

APTMA says production at these energy rates no longer feasible

Association chairman urges need for technology transfer, joint ventures

Previously announced removal of cross-subsidies, aiming to enhance competitiveness of industries

CCCT, APTMA sign MoUs, action plan to enhance e-commerce released

Say without power price rationalisation economy will deteriorate further

Suggest foreign investments, energy cost reduction, and bureaucratic overhaul to transform economic landscape

APTMA highlights range of issues facing the textile sector in a letter to PM Shehbaz-

Dr Ejaz says new investment of $5b has been made in textile sector

APTMA urges govt to restore zero-rated sales tax status

Urge SSGC to overcome line losses to partially bridge revenue shortfall

Policy will set direction for sustainability, growth of textile sector

Says overall imports of the country may end up at $53 billion while exports would reach $24 billion

Aptma chairman dispelled the impression that the export of yarn was impacting the value-added industry

To restore viability of the industry in order to boost exports and create sustainable jobs in the country

Chairman urges caretaker finance minister to build infrastructure

Recommendations include availability of electricity and gas, tariff rationalisation

Demands favourable policy measures including consistent energy prices

Says early announcement will help reverse trade deficit, contribute to progress

Says exports will not rise with meagre allocations and unfulfilled promises

Appreciates Rs180-billion package given by govt

Textile exporters term the Rs180b package very positive

Suggests duty removal, tax rebate and long-term financing facility

Says industry’s requirement more than available local crop

Industry continued to face handicap of being 10% more expensive against international competitors, says APTMA chief

Says rise in value of exports due to increase in commodity prices worldwide

Suggests uniform energy prices for industries across the country

Millers say they can’t operate with Rs70b energy price differential

Move meant to represent core issues of the textile industry

Punjab chapter says its industries are paying higher tariff

These policy measures include the elimination of customs duty on cotton from January 2017

Say delay in package is affecting exports of the industry

Pakistan’s cotton has large impurity content with high level of foreign matter

Spinning mills are paying 17% sales tax, 5% WHT; development comes despite textile sector being zero-rated

Statement comes a day after trade data showed plunge in exports

Exports plunge 7% while imports grew 6.2% in July

At least 59 mills out of the total 250 in Punjab had remained shut in the last fiscal year

Its an ‘imprudent’ approach to support the farmers, says Aptma Chairman Tariq Saud

'Cotton area in Pakistan is down around 15 per cent' secretary general APTMA

Urges government to restore free trade regime as envisaged, announced by PM.

Says export is against the interest of domestic textile industry

APTMA, farmers on opposing side as govt blames low growth on poor crop 

Appreciates zero-rated regime, wants more concessions

The proposed 10 hours load shedding would force the industry to close down one shift and lay off tens and thousands

What the Panama leaks has revealed is no revelation for the common Pakistani

He urged the government to release sales tax refunds so that they could be put to use for running industrial units

Levy is crippling textile industry and causing decline in exports

Likes to improve relations with Pakistan in every sector of economy

To save the export-oriented textile industry, Saud demanded the government increase the duty to 20%