Home / Knowledge / News / Textiles / Implement policies to revive industry – Trade bodies
Implement policies to revive industry – Trade bodies
08
Oct '09
Representatives from different trade bodies who had gathered at a program organised by the Lahore Economic Journalists Association, unanimously exhorted the government to effectively implement policies to revive the industrial sector.

They also pointed out that the economic turmoil in the country is due to inability of successive governments to properly implement the policies announced by it, rather than the global recession.

Former President of Pakistan Readymade Garments Manufacturers Association (PRGMEA), Mr Naseer Malik, quoting the recently declared textile policy said that it was a very good policy document, which was prepared in consultation with stake holders from the industry.

But, the facilitations provided under the textile policy are linked with the registration of all the exporters with the Textile Ministry through their respective associations, which some SMEs are not in a position to fulfill all the requirements incorporated by the ministry for registration, he said.

He added by saying, the sensible way, would have been to get them registered through the association and then made it mandatory for them to fulfill the requirements within 3-6 months so that they could avail the facilitations and boost exports.

Former Chairman of Pakistan Hosiery Manufacturers Association (PHMA), Shahzad Azam Khan said that the Finance Minister has been promising since the last one year that R&D held for the last two years would be immediately released.

But, the promise has not yet been fulfilled and it is unfair to withhold genuine refunds of the exporters and which also casts a negative spell on the credibility of the incumbent government, he said.

The representative of All Pakistan Textile Mills Association (APTMA) was of the opinion that power and energy shortage have crippled the textile industry and were assured by high level Govt functionaries that textile spinners would be treated at par with fertilizer units.

Despite which, he complained that the gas supplier has sent a notice to APTMA, notifying it of gas cut schedules for three months beginning, November 2009, in addition to which the sector is subjected to daily five hours electricity load shedding.



Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Michael Kors

Fashion | On 25th Jul 2017

Michael Kors to acquire Jimmy Choo

Global fashion luxury brand Michael Kors Holdings Limited has reached ...

Apparel/Garments | On 25th Jul 2017

VF Corp posts $2.4 billion revenue for Q2 2017

VF Corporation has recorded revenue of $2.4 billion, up 2 per cent,...

Textiles | On 25th Jul 2017

Global growth to pick up in 2017 and 2018: IMF

The pickup in global growth anticipated in the April World Economic...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Mark Paterson
Technical Absorbents Ltd

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

Suresh Patel
Sidwin Fabric

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X