Home / Knowledge / News / Textiles / Govt urged to ensure congenial environment for textile industry
Govt urged to ensure congenial environment for textile industry
Nov '10
Acting Chairman All Pakistan Textile Mills Association (APTMA) Shahzad Ali Khan has urged the government to ensure congenial growth environment for textile industry to meet the opportunities of fresh investment and increase in exports to create more jobs in the country.

He said the fears of withdrawal of zero-rate regime under the proposed Reformed General Sales Tax (RGST) coupled with energy shortage were hampering smooth sailing of textile industry. These fears are impeding growth in a situation when textile industry is in the process of cotton lifting, he added.

The Acting Chairman APTMA said withdrawal of zero-rate regime would push the industry back to the era of flying invoices and refunds stuck up. He said the government policymakers would be doing no service to the textile industry by withdrawing zero-rate regime, as it has already experienced the same with zero result. He said the APTMA was fully supportive to the idea of documentation of economy to lessen the tax burden on corporate sector. But withdrawal of zero-rate regime was not acceptable to textile industry, as 80 percent of its production is exported in one or the other form.

Shahzad Ali Khan said short of gas supply to textile industry Captive Power Plants (CPPs) is adding fuel to the fire, as industry is busy in firefighting with the situation while putting its investment plans on the backburner. He said uninterrupted supply of gas to textile industry would not only enable the country to meet export target of $25 billion by 2015 but it would also generate jobs in the country.

Acting Chairman APTMA said continuity of zero-rate regime and availability of gas to textile industry was a challenge for the government and it demands a prudent policymaking in the days to come to encourage new investment in the sector.

All Pakistan Textile Mills Association (APTMA)

Must ReadView All

Textiles | On 23rd Mar 2017

South Korean Samil Spinning acquires Buhler Quality Yarns

South Korean yarn producer Samil Spinning has acquired US based...

Apparel/Garments | On 23rd Mar 2017

E-retailers to pay up to 1% TCS under GST

E-retail marketplaces will need to deduct up to 1 per cent tax...

Textiles | On 23rd Mar 2017

Lanxess to expand chemical intermediates capacity

The Advanced Industrial Intermediates business unit of German...

Interviews View All

Rajiv Sirohi

‘Portugal is taking away a major share of the mill made sector.’

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Larry L Kinn
Suominen Corporation

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

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Tony Ward
Tony Ward

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Ritu Kumar
Label Ritu Kumar

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
March 2017

March 2017

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


Browse Our Archives


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