Home / Knowledge / News / Textiles / PHMA to open Sourcing Office in New York
PHMA to open Sourcing Office in New York
29
Sep '10
For decades, USA has been Pakistan's major trade partner. In 2009, USA was the destination of 18.3% of, Pakistan's total exports where textiles & apparels had a major share, In Knitwear. USK is destination of 62% of exports from Pakistan; In Home textile the share in exports is 42%.

The two nation also share geopolitical goals in term of global and regional strategy, which materialized in Pakistan becoming a major ally of USA in the war on terror, Unfortunately, for some time, business ties with USA have been adversely affected due to the decline in visits to Pakistan by our US customers owing to negative travel advisory by foreign Governments and law and order concerns rooted in our strategic alliance with US.

For a long time, the above issue has been our centre of attention and deliberation, until we envisaged the establishment of a sourcing office in the USA which could bridge the distance between our industry and the US buyer.

In order to the facilitate access to our products and industry, the PHMA (Pakistan Hosiery Manufacturers Association) is establishing a Sourcing office and display centre of the Association in New York City, which will open a gateway to 1,200 manufacturers and exporters of knitwear and knitted textiles in Pakistan, facilitating a channel of communication and trade between the US buyer and the industry in Pakistan.

The increased activity of PHMA members would translate into increased production activity and creation of further employment in the country.

PHMA New York Office: Scope of Work

The office would market Pakistani product among the US fashion and garments companies. It will also timely update the textile industry in Pakistan about the changing fashions and trends in the West. Main objectives are described as under:

• To facilitate a channel of communication and trade between Pakistani exporters and US buyers. 'PHMA office in USA will attend and process inquiries of local buyers and forward the same to Pakistan exporters.
• To offer Consultation/information services for local buyers on Pakistani products and suppliers, All local inquiries will be passed on to concerned exporters based on matching criteria.
• To provide a platform for one to one live interaction between exporters and US buyers based on matching criteria, through facility of video conference for online interaction between exporters in Pakistan and the foreign buyers.
• To enable the private sector to build a positive image of Pakistan in the US market and create' awareness about Pakistan's potential and products.
• To provide warehousing facility in order to meet short-term delivery requirements: Today garment buyers are increasingly concerned about cutting inventory costs, hence they look for faster and more frequent deliveries in smaller quantities. Also, they have to consider efficient lead times in face of fast changing trends and fashion; some major retailers in USA now display up to 12 collections a year. A system will be devised, in which "ready to sell" products should be available to the buyer in USA.


Must ReadView All

EU renews GSP+ scheme for Pakistan 2 years

Apparel/Garments | On 24th Feb 2018

EU renews GSP+ scheme for Pakistan 2 years

Pakistani exporters can enjoy preferential duties on exports to the...

Surat wary of e-way bills

Textiles | On 24th Feb 2018

Surat wary of e-way bills

There is no respite for Surat’s textile manufacturers and retailers....

Retailers choose sides in Alibaba-Tencent battle in China

Apparel/Garments | On 24th Feb 2018

Retailers choose sides in Alibaba-Tencent battle in China

Two big Chinese firms— Alibaba Group Holding Ltd and Tencent Holdings ...

Interviews View All

Top executives
Textile industry

Overall, Union budget 2018-19 is very balanced

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Representatives
Textile & apparel industry

GST is a complicated and lengthy process

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Ashok Desai
Bombay Textile Research Association

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Larry L Kinn
Suominen Corporation

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

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Judy Frater
Somaiya Kala Vidya

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

Madhu Jain
Madhu Jain

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

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 2018

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

Active Poll

Do you see sustainability as a route to business growth?

Yes
70.6%
No
12.7%
Skip
16.7%

Total Votes: 102

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

Yes No

Active Poll

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

Yes
63.7%
No
29.4%
Skip
6.9%

Total Votes: 102

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

Yes No

Active Poll

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

Yes
88.2%
No
8.8%
Skip
2.9%

Total Votes: 102

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

Active Poll

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

Yes
83.3%
No
7.8%
Skip
8.8%

Total Votes: 102


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