Home / Knowledge / News / Apparel/Garments / Garment sector to be priority: Pakistan's Textile Minister
Garment sector to be priority: Pakistan's Textile Minister
23
May '14
Pakistan’s Minister for Textile Industry Abbas Khan Afridi has said that the garment sector would be the main priority for the Government as it does most of the value-addition in the textile industry.
 
Mr. Afridi said the Ministry’s task is to look after all segments of the textile industry, but the Government would support those segments that increase value-addition. He added that the garment sector would certainly get Government support as it does the maximum value-addition.
 
Talking to newsmen after a ‘Consultative Conference on Textile Policy 2014-19’, Mr. Afridi said the textile sector was an engine of growth as it can create employment and also increase exports.
 
He informed that the new textile policy 2014-19, which would replace the current textile policy that ends on June 23, 2014, would provide innovative and extraordinary solutions to genuine problems faced by the industry.
 
According to the Minister, there are entrepreneurs in Pakistan who are keen are investing in the textile sector, and the new textile policy would give them the opportunity to do so.
 
The Minister also laid emphasis on increasing the number of value-added items, as Pakistan currently exports only 13 value-added items of the total 950 products that are traded worldwide.
 
At the conference, representatives of value-added textile exporters presented their recommendations to the Minister, which included bringing back the ‘no-payment no-refund’ system.
 
They said that around Pk Rs. 15 billion is being held up under the Drawback on Local Taxes and Levies (DLTL) since the last three years, and this amount should be immediately cleared to ease the liquidity crunch currently being faced by the exporters.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 25th Sep 2017

SVP Group to build $300 mn spinning plant in Sohar

ShriVallabh Pittie Industries (SVP) Group, a diversified yarn...

Apparel/Garments | On 25th Sep 2017

Vietnam textile sector to gain if EU FTA gets ratified

Experts feel the Vietnam-European Union (EU) free trade agreement...

Courtesy: Business Wire

Textiles | On 25th Sep 2017

Invista to use ADN technology at joint project in France

Invista, a leading producer of chemical intermediates, polymers, and...

Interviews View All

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Wendell Rodricks
Wendell Rodricks

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

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Sidharth Sinha
Sidharth Sinha

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

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

September 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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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