textile

Majority of the exports made by Pakistan are agriculture based

At the Trade Development Authority of Pakistan headquarters in Karachi

LSM data indicates overall economic slowdown in the country

Also demands setting up display centres in Dubai and Rotterdam

Meeting participants insist on investing in value chain

Memorandum of Understandings worth $175 million in total have been signed for joint ventures

Businesses close down as they are unable to compete in global market

If cost increases, exporters are unable to pass the impact on to consumers

They are seeking more concessions like cut in power tariff, removal of GIDC in the upcoming budget

Officials say pending refunds hindering growth

Association apprises NA speaker of issues hampering growth

Business rep says mere lip service is not enough

Says govt recognises contribution of industry, will make efforts to address issues

Its members believe food ministry should have control over cotton affairs

The Ministry of Textile Industry has already notified the revised PM’s package for exporters

Orders from European buyers have slowed down ahead of GSP status review

The prime minister has announced a package worth Rs1 billion for the textile sector

Immediate payment of all outstanding refunds of sales tax ‘could save the industry’

Traveling cotton seminar highlighted challenges, issues being faced by local cotton producer

'Both the spinning and weaving sectors have faced the brunt of high cost of doing business'

Cite high energy cost, lack of competitiveness as crippling factors

PRGMEA Central Chairman said that the exhibition is being held in Lahore for the third time in collaboration

Reports reveal that local industries have failed to implement international standards

Expo drew large number of people, including Chicago-based Pakistani-American business community

Smuggled, imported textile goods still dominate Pakistan’s market

The winding up of the Pakistan Textile City (PTC) is an expensive example of how not to do business

Falling exports and high production costs necessitate government support

Existing situation, if not reversed, will lead to shutting down of manufacturing units

Machine would prove cost effective for textile industry

The textile industry needs to flourish and grow, but government needs to promote the industry

Demand release of refunds, supply of energy at competitive prices

Observes black day against govt policies, halts work for two hours

Says activation of idle capacities has been ignored in the budget

Says exports will not rise with meagre allocations and unfulfilled promises

Textile sector contributes 8% to Pakistan’s gross domestic product

Demand release of stuck tax refund claims, implementation of PM’s package

Imposes duties on import of cotton; also increases export quota of fertiliser

Tax refund claims of exports made one year ago still not cleared

Ministry will compensate industry after receipt of certification

The officials said that the decline of textile exports should raise alarm bells for the economic managers

Say FBR has rolled back Refund Payment Orders to check authenticity of claims

Pakistan eligible for the trade facility, which will continue till 2023

Believes solving financial issues should be govt’s top priority

Amir Fayyaz said the government owed Rs30 billion to the textile industry

Pakistan Textile City Limited closed down before commercial operations; Xinjiang Textile Park is still operational

'Pakistan is producing one of the world’s best quality cotton'

Sindh CM says project has huge potential, assures of all-out efforts to launch it

Textile exporters are currently deprived of cash - a situation which can be mended if the govt releases stuck refunds

Industrialists want govt to release pending refunds, says MCCI chief

Package will offer tax rebate, duty cuts for raw material and machinery