APTMA proposes measures to improve Textile & Garment sector
25 Jan '08
3 min read
The Zonal Chairman of Pakistan Readymade Garments Exporters & Manufacturers Association (South), Mr. Shehzad Salim, has recently acknowledged to the Ministries of Commerce and Textile Industries that due to the incident of 27th December, and the consequently deteriorated law and order situation in the country, the Garment sector has, as other industrial sectors, suffered considerable losses.
In view of the same, he has called for immediate remedial steps by Ministry of Commerce / Ministry of Textile Industries to insure the smooth running and growth of this sector.
In the recent past the APTMA and the PRGMEA had a joint meeting with Minister of Textile and Commerce Mr. Shahzada Alam Monoo, and had proposed certain measures for the improvement of the Textile & Garment sector, which are enlisted below.
Both Associations agree and are certain that due to the high cost of doing business and stiff competition with China, India and Bangladesh, either the discontinuation or reduction of R&D support to the Textile & Garment industry with effect from July 2008, will result in closure of the garment sector.
Already, due to exceptional losses faced by the industry due to the law and order situation approximately Rs 2,07 billion have been lost as a result of closure of factories for 3 working days in December, excluding losses on the account of physical damage to plant machinery and building, late shipments etc.
Measures for the improvement of the Textile & Garment sector:
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