Home / Knowledge / News / Textiles / All Pakistan Textile Mills regrets PTA analysis
All Pakistan Textile Mills regrets PTA analysis
10
Jun '08
All Pakistan Textile Mills Association has regretted that although it has not commented on the working of PTA manufacturers, they are continuously criticizing entire textile industry of Pakistan.

APTMA has stated that the government must keep its promises of no import duty on raw materials to an export industry that is employing four million workers and providing 65% of country's exports.

It is unfortunate that the PTA manufacturers are issuing false statements but are also spoiling working relationship between textile industry and other polyester fibre manufacturers.

APTMA has reiterated several times that it wishes to maintain a healthy customer-manufacturer relationship with the PSF manufacturers.

APTMA has said that Pakistan Textile Industry must be allowed to retain Zero duty import option as local PSF manufacturers do not allow long term booking while long term commitments can be obtained in international market, with firm price commitments. In addition, industry can avail delayed payment and dollar borrowing facility when importing polyester fibre.

APTMA is in favour of government providing any financial support to polyester chain as it has been providing for the last ten years but it should not come at the cost of textile industry.

Duty free import of raw materials is the basic right of the export industry. DTRE scheme is not workable in textile chain and any import duty on PSF will not be acceptable to textile industry. APTMA cannot execute its vision of doubling exports in five years, if fundamental trade principles are violated.

All Pakistan Textile Mills Association

Must ReadView All

Apparel/Garments | On 1st Mar 2017

CMAI's Apparel Index for Q3 shows lowest growth at 1.4 pts

CMAI’s Apparel Index for the third quarter FY 2016-17 shows that the...

Courtesy: Carter

Apparel/Garments | On 1st Mar 2017

Kidswear retailer Carter’s acquires Skip Hop Holdings

US headquartered kidswear retailer Carter’s said it has acquired Skip ...

Courtesy: Lectra

Information Technology | On 1st Mar 2017

Lectra makes new strategy for fashion in Industry 4.0 era

Lectra, the world leader in integrated technology solutions, has...

Interviews View All

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Mark Paterson
Technical Absorbents Ltd

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

Eric Scholler
Groz-Beckert

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search