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

Textiles | On 6th Dec 2016

Garments, yarn export entitlement quota extended for 1 yr

Indian government has extended the export entitlement quota for...

Textiles | On 6th Dec 2016

Cash inflow will revive sales: Textile industry

The textile industry representatives are hopeful of revival of...

Courtesy: SIMA

Textiles | On 6th Dec 2016

Amma gave special attention for textile growth in TN: SIMA

Former Tamil Nadu chief minister J Jayalalithaa paid special...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Johan Berlin
InvestKonsult Sweden AB

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Pranav Mishra
Huemn

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search