Home / Knowledge / News / Apparel/Garments / PRGMEA criticizes federal govt's indifference over DLTL issue
PRGMEA criticizes federal govt's indifference over DLTL issue
07
Jul '11
Spokesman of Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) has criticized the federal government for its indifferent attitude towards the demand for continuation of 3% Drawback of Local Taxes and Levis (DLTL) Scheme during 2011-12 to sustain growth in country's exports.

He said the woven garment exports have registered about 40 percent growth during 2010-11, while doubling the average unit price, excessively utilizing expensive fabrics in different weights and employing 30 percent of total 3.5 million workforce of textile industry value chain.

According to the PRGMEA spokesman, the DLTL has proved a lifeline for the woven garment industry and a cut to it would result into closure of woven garment units, leading to export of raw materials from the country without value addition.

He said the stitching industry is highly labour-intensive and the emerging textile economies like Bangladesh and Vietnam have registered stellar growth simply by supporting this industry. He feared that the government's indifferent attitude towards the value added woven garment industry would translate into heavy unemployment with the closure of garment units.

PRGMEA spokesman said the DLTL scheme has improved the bargaining position of the woven garment exporters, likely to be affected badly with discontinuation of it ahead, as it would push the cost of doing business up against competitors already supporting heavily their domestic woven garment industry. China is offering its exporters a rebate at 17% on various garment items, followed by 7.5% in India and 11% drawback on export of readymade garments in Bangladesh, he added.

PRGMEA spokesman has urged the Ministry of Textile, Ministry of Commerce and Ministry of Finance to immediately hold a meeting with industry stakeholders and come up with a workable solution to secure competitiveness of woven garment industry in global trade.

Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA)


Must ReadView All

Courtesy: European Commission/European Union

Textiles | On 26th May 2018

EU set to negotiate FTAs with Australia & New Zealand

The European Union is all set to begin negotiations for free trade...

US bans import of cotton goods from Turkmenistan

Textiles | On 26th May 2018

US bans import of cotton goods from Turkmenistan

The US Customs and Border Protection (CBP) has issued a Withhold...

FPCCI prepares report on Pakistan's export issues

Textiles | On 26th May 2018

FPCCI prepares report on Pakistan's export issues

Federation of Pakistan Chambers of Commerce and Industry (FPCCI)’s...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Representatives
Textile & apparel industry

GST is a complicated and lengthy process

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search