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Make export-oriented textiles a separate sector: PHMA
09
Feb '13
The Pakistan Hosiery Manufacturers Association (PHMA) has suggested that export-oriented textiles should officially be designated as a separate sector with some priorities.
 
During his meeting with Jamil Anwar, Director General (Textiles) of Trade Development Authority of Pakistan (TDAP), PHMA President Jawed Bilwani said the export sector and export-oriented textile sector should be segregated from the textile sector as a whole, just like it is practiced globally, The News reported.
 
Noting that the textile industry contributes more than 60 percent to the country’s overall exports, Mr. Bilwani said the textile export sector should be given special incentives and also top priority in supply of gas and power and the utility tariff should be fixed for one year.
 
He said while they book export orders to be delivered after six to eight months, the revision of utilities’ tariff during that period has a direct impact on their production cost, which is highly detrimental for the industry.
 
The PHMA official informed the TDAP Director General that the R&D claims worth Pk Rs. 17 billion of the exporters were blocked with the Government for over past two years, and sought his assistance in getting refunds.
 
After lending a considerate ear to all the issues, Mr. Anwar assured the PHMA official that he would place these issues before the concerned ministries and try to get them resolved.
 

Fibre2fashion News Desk - India


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