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Pakistan garment sector to lose some export orders
23 Mar '12
2 min read
Several adversities like energy crisis, withdrawal of incentives and non-release of refund claims has already caused the Pakistani garment industry to lose around US$ 800 million worth of export orders during the current fiscal year which began on July 1, 2011.
The country's garment sector is further likely to lose another 25 percent of its export orders during the remaining period of the current fiscal, Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Chairman, Shehzad Salim, said during a Gender Promotion through Skills Development in the Clothing/Garment Sector (GENPROM) event held to award certificates to master trainers.
The GENPROM programmes are being jointly undertaken by United Nations Development Programme (UNDP) and Pakistan Readymade Garments Technical Training Institute (PRGTTI).
Mr. Shehzad said the ongoing energy crisis, non-release of refund claims by the State Bank of Pakistan (SBP) and withdrawal of incentives by the Government have caused the country's textile industry to suffer a rapid decline and has hit the garment industry most badly.
In the absence of a strong economic policy, Pakistan's garment sector would lose its hold over export markets, Mr. Shehzad said.
He urged the Government to push the European Union members for the Generalised System of Preferences (GSP) Plus benefit, which would ensure preferential tariff benefits for Pakistani textile industry, thereby raising the industry's competitiveness in overseas markets.
PRGTTI Vice Chairman, Razzak Hasham Paracha, said the institute organizes several training programmes for garment industry workers in association with UNDP and other contributing agencies. Several workers in garment and clothing industry obtain skills training under schemes such as GENPROM, which allow them to upgrade their skills to match global standards, he added.
PRGTTI Programme Director, Maham Nasira, said with active support of PRGTTI, the garment sector has become Pakistan's largest employment generating industry, particularly for women.
The country's garment sector is further likely to lose another 25 percent of its export orders during the remaining period of the current fiscal, Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Chairman, Shehzad Salim, said during a Gender Promotion through Skills Development in the Clothing/Garment Sector (GENPROM) event held to award certificates to master trainers.
The GENPROM programmes are being jointly undertaken by United Nations Development Programme (UNDP) and Pakistan Readymade Garments Technical Training Institute (PRGTTI).
Mr. Shehzad said the ongoing energy crisis, non-release of refund claims by the State Bank of Pakistan (SBP) and withdrawal of incentives by the Government have caused the country's textile industry to suffer a rapid decline and has hit the garment industry most badly.
In the absence of a strong economic policy, Pakistan's garment sector would lose its hold over export markets, Mr. Shehzad said.
He urged the Government to push the European Union members for the Generalised System of Preferences (GSP) Plus benefit, which would ensure preferential tariff benefits for Pakistani textile industry, thereby raising the industry's competitiveness in overseas markets.
PRGTTI Vice Chairman, Razzak Hasham Paracha, said the institute organizes several training programmes for garment industry workers in association with UNDP and other contributing agencies. Several workers in garment and clothing industry obtain skills training under schemes such as GENPROM, which allow them to upgrade their skills to match global standards, he added.
PRGTTI Programme Director, Maham Nasira, said with active support of PRGTTI, the garment sector has become Pakistan's largest employment generating industry, particularly for women.
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