Home / Knowledge / News / Apparel/Garments / Pakistan apparel exports to fall further in December
Pakistan apparel exports to fall further in December
03
Dec '11
Apparel exports from Pakistan are likely to witness a further fall in the month of December due to reduction in the number of orders flowing in from other countries. Entrepreneurs have cautioned that exports to the United States may get more affected due to the prevailing political impasse.

As claimed by the textile entrepreneurs, while overall textile exports dropped by 14 percent during the month of November, the decline in knitwear and garment exports during the period may be much higher.

MI Khurram, Ex-Chairman, Pakistan Hosiery Manufacturers Association, said buying houses opted not to place orders with them for the spring season as they found the rates quoted by us on higher side. He added that presently Pakistan is completing only those low value orders for apparels that are not produced either by India or Bangladesh.

Blaming political impasse for coming in way of implementation of majority of the concessions declared in trade policies during the past five years, Mr. Khurram said even meagre facilities allowed to the exporters, like subsidy to meet the expenses incurred for getting their products tested from accredited laboratories, are not being granted over the past five years.

He informed that the sum of such outstanding claims of each of the apparel exporters has risen significantly. He further said that even the claims for one percent refund on export of polyester-based products have not been settled over the past one year.

Mr Khurram said the high cost of obtaining finance and up to 70 percent gas load shedding for textile industry of Punjab are the key issues confronting the exporters of Pakistan.

Former Chairman of Pakistan Sweater Exporters Association Shahzad Azam Khan said rapid deterioration in the domestic currency is also a threat confronting the Pakistani apparel exporters.

He said that overseas buyers force the exporters to share a part of the advantage that they reap due to deterioration in domestic currency with them, however they do not realise that cost of raw materials that these exporters need to ship in form around 25 percent of their overall production cost and cost of these inputs go high with every deterioration in value of domestic currency.

Meanwhile, Mr. Khurram lamented that the Textile Ministry Commission report prepared by the current Government has been shelved. The report presented an analysis of facilities furthered by Governments of other competing nations in the region, and amongst others suggested extending five percent interest subsidy facility to exporters on their technology upgradation expenditure, he said and added that if technological upgradations are not done, it will reflect in the quality of textile products.

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 18th Aug 2017

AEPC wants clarity on minimum wages for garment sector

The Apparel Export Promotion Council (AEPC) has urged the Indian...

Apparel/Garments | On 18th Aug 2017

Papua New Guinea govt to help set up garment industry

The government of Papua New Guinea (PNG) plans to focus and fund...

Courtesy: FineLine Technologies

Apparel/Garments | On 18th Aug 2017

FineLine Technologies acquires RER International

FineLine Technologies Inc., industry’s fastest supplier of retail...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Igor Chapurin
Chapurin

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

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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

August 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.0%
No
17.2%
Skip
13.8%

Total Votes: 29

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
41.4%
No
37.9%
Skip
20.7%

Total Votes: 29

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
82.8%
No
6.9%
Skip
10.3%

Total Votes: 29

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
58.6%
No
10.3%
Skip
31.0%

Total Votes: 29


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X