Home / Knowledge / News / Textiles / 'Textiles is a priority sector for govt' – Pak official
'Textiles is a priority sector for govt' – Pak official
Mar '12
The Government of Pakistan has identified textiles as a priority sector and is supporting the country's textile sector to achieve an ambitious export target mentioned in the 2009-14 Textile Policy, an official has said.

The country aims to attain a US$ 25 billion mark in textile exports by 2014, Advisor to the Prime Minister on Textile, Dr. Mirza Ikhtiar Baig, said while speaking at the inaugural ceremony of the Ninth Textile Asia 2012 International Exhibition.

The Government has identified textiles as a key priority sector, and is taking all necessary steps to introduce apt policies and incentives that can spur expansion and draw more private sector investment in the value added sector, which would in turn boost the country's exports, he added.

He mentioned that provision of subsidised financing to boost capital investment in value added textile industry and roll back of customs and sales tax on plant and machinery imports by manufacturing industries are among the initiatives introduced by the Government.

The country has also set out on an extensive plan to enhance its appeal to the overseas investors associated with the textile industry, he said.

The domestic industry has also witnessed some new developments in recent times which includes launch of an Industrial Park in Karachi, setting up of Garment Cities in Lahore, Karachi and Faisalabad and a Textile City Project with state-of-the-art facilities in Karachi, Dr. Baig said.

During 1999-03, Pakistan's textile industry invested US$ 6 billion for Balancing, Modernisation and Replacement (BMR), and with present healthy gains, the industry still adheres to this trend, he said.

Fibre2fashion News Desk - India

Must ReadView All

(L-R) Mr Shao Bojin, Chairman of Jihua Group and Mr Rohit Aggarwal, President of Huntsman Textile

Textiles | On 28th Oct 2016

Huntsman gets into strategic partnership with Jihua Group

Huntsman Textile Effects, the leading provider of high quality dyes...

Marzoli FT6D roving frames in Sintex’s Unit 2. Coutresy: Marzoli

Textiles | On 28th Oct 2016

Marzoli roving frames erected at Sintex textile division

A total of 48 Marzoli roving frames were erected in units I, II and...

Courtesy: Polartec

Textiles | On 28th Oct 2016

Polartec innovates most breathable waterproof fabric

Polartec, the premium provider of innovative textile solutions, has...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Wendell Rodricks
Wendell Rodricks

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

Robert Brunner

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

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search