Home / Knowledge / News / Apparel/Garments / Woven garment industry has potential to grow fast: PRGMEA
Woven garment industry has potential to grow fast: PRGMEA
Jul '11
Chairman Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) Ijaz Khokhar said on Thursday the woven garment industry has a potential to grow fast subject to a government-friendly policies ahead.

He was commenting on readymade garments sector performance during the outgoing fiscal 2010-11, registering a stellar growth of 35 percent comparing with the corresponding period.

Ijaz said the issues like market access, capacity expansion and skill development are confronting the woven garment industry, hampering its potential to grow like the competitors in Bangladesh, India and China. Only a positive and pro-industry approach of government policymakers may take the woven garment industry to full throttle growth in emerging international market situation conducive to growth, he added.

Chairman PGRMEA deplored that an indifferent attitude of the government is disappointing the garment manufacturers and exporters at large, thinking seriously of shifting their businesses to Bangladesh considered to be a heaven for woven garment industry.

According to him, Bangladesh was providing 11% drawback on export of readymade garments to its exporters. Not only Bangladesh, he added, other competing countries including China and India were offering heavy drawbacks to their woven garment industry. He said China is offering its exporters export rebate at 17% on various garment items. In 2010, China's export tax rebates totaled 732.7 billion Yuan ($113.3 billion), registering an increase of 13% from the previous year and equivalent to the total expenditures education, social welfare and subsidized housing sectors.

In Pakistan, said Ijaz, the government has withdrawn Drawback of Local Taxes and Levis (DLTL) scheme from July 2011 onwards. It has resulted into widespread disappointment in the woven garment industry, earning over $1.5 billion exports besides providing jobs to some 30 percent of total textile value chain industry, he added.

Chairman PRGMEA has urged the government to facilitate the woven garment industry by shifting its approach towards the schemes like DLTL and announce a continuity of it in the fiscal year 2011-12 as well. Also, he said, the government should clear over Rs22 billion stuck up claims of exporters under the DLTL scheme, causing liquidity crisis for SME sector to grow.

Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA)

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Igor Chapurin

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

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


Browse Our Archives


Advanced Search