Home / Knowledge / News / Apparel/Garments / Pakistan garment sector to lose some export orders
Pakistan garment sector to lose some export orders
23
Mar '12
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.

Fibre2fashion News Desk - India


Must ReadView All

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

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...

Paolo Ocleppo
Sandvik Hyperion

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

October 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
76.8%
No
13.0%
Skip
10.1%

Total Votes: 69

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
62.3%
No
27.5%
Skip
10.1%

Total Votes: 69

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
85.5%
No
10.1%
Skip
4.3%

Total Votes: 69

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
75.4%
No
11.6%
Skip
13.0%

Total Votes: 69


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