Home / Knowledge / News / Textiles / APTMA Punjab seeks stimulus plan for reviving textiles
APTMA Punjab seeks stimulus plan for reviving textiles
Jun '14
All Pakistan Textile Mills Association (APTMA) Punjab chairman SM Tanveer has urged the government to devise a stimulus plan in order to revive the textile industry in the Punab region to ensure employment as well as to increase exports and investments, reports Business Recorder.

The APTMA Punjab official explained that the textile industry of Punjab has been increasingly becoming unviable to compete domestically as well as internationally, owing to the absence of proper encouragement for development of the sector.

According to Mr. Tanveer, although the energy projects envisioned by the Chief Minister of Punjab Shahbaz Sharif are extremely beneficial for the sector, they are long-term plans, and the Punjab textile industry requires immediate relief.

The disparity in energy supply to industrial units in Punjab has resulted into partial as well as complete shutdown of around 100 textile mills in the region, he added.

Mr. Tanveer said that situations like these were limiting the textile industry of Punjab to avail opportunities under the Generalized System of Preferences Plus (GSP+) status attained from the European Union (EU), and the government must take necessary steps to curb these issues.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 26th Oct 2016

SGS develops 4C chemical management model for apparel

SGS, a leading inspection, auditing, certification, testing, and...

Textiles | On 26th Oct 2016

Platinum Equity acquires International Textile Group

International Textile Group (ITG) has been acquired by Platinum...

Textiles | On 26th Oct 2016

Whitehouse & URI Business Centre start RI textile network

Senator Sheldon Whitehouse and the University of Rhode Island...

Interviews View All

Rajiv Sirohi

‘Portugal is taking away a major share of the mill made sector.’

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Eric Scholler

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Sonam & Paras Modi

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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