Tag: #TextileIndustry
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Status and Strategy to Revamp Textile Industry of Pakistan
In recent past and especially after the suspension of Article 370 and bifurcation of India-held Jammu and Kashmir in August 2019, the most negatively affected area between the two countries was trade, other things apart. Frequent trade between the any two country is more related to public needs/ benefits than to whims and sentiments and…
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Textile industry backbone of national economy, provides extensive job opportunities
By Iftikhar Ahmed FAISALABAD, Nov 27 (APP):Textile industry emerged as a major part of the industrialization process in Pakistan during the 1960s and there are about 1200 ginning factories in the country till date including 250 factories in Sindh and more than 720 factories in Punjab while remaining are running in other parts of the…
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China, Pakistan companies cooperate with each other in textile sector
BEIJING, Oct 5 (APP):Both as textile powerhouses, China and Pakistan are cooperating each other to increase business in the textile sector, said some traders who have had years of business dealings with Pakistan. Pakistani-made coarse yarn delivers good value for money as its advantage in cotton fiber overcomes the weakness of coarse yarn production in…
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Chairman APTMA Urges Govt to End Post Budget Uncertainty
LAHORE: The All Pakistan Textile Mills Association (APTMA) Chairman Syed Ali Ahsan has urged the government to end post budget uncertainty, which is adversely impacting production, employment and exports in the country. He was addressing a press conference on Monday afternoon. Patron-in-Chief APTMA Gohar Ejaz was also present on the occasion. While highlighting the situation…
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Textile Industry Circles Urge Govt to Formalize Informal Sector to Ensure Level Playing Field for Domestic Industry
LAHORE: The textile industry circles have stressed the point that the informal trade should be formalized in domestic commerce, as only fifty percent of domestic commerce is being fed by the local industry and remaining 50 percent is the share of informal trade, including smuggling, misdeclaration under worn clothing, under invoicing and official import. The…