Both sides exchanged the potential of textile industry to grow in Pakistan and the possibilities of import of textile machinery from China. The APTMA members pointed out that the textile industry in Pakistan was ready to invest $1 billion in BMR of the units and looking for various options of importing machinery ahead. Besides China, the textile industry in Pakistan is looking for the option of importing textile machinery of European and Japanese make.
Also, the option of importing machinery from India is also under consideration, which is far cheaper than the Chinese machinery. The APTMA members also discussed various aspects of the Chinese machinery and the after sale service facilities. The industry needs spinning machines including rapier looms and airjet looms at a competitive price.
The Chinese delegation assured the APTMA members of quality assurance in supply of machinery besides looking into the competitive issues of the business. Further, the Chinese delegation also invited the APTMA members to visit an exhibition of spinning machines in Shanghai in near future.
All Pakistan Textile Mills Association (APTMA)