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Pakistani experts discuss urgent textile sector issues

15
Sep '18
Courtesy: Pexels
Courtesy: Pexels
Some urgent issues in the textile sector that need attention include energy price differentials between various provinces, tax rebates that the government owes to the industry, investment in the entire value chain to face global competition and exploring contract manufacturing of garments with Chinese firms, experts deliberated at a roundtable in Lahore.

The roundtable, recently organised by the Punjab Board of Investment & Trade (PBIT), was attended by textile sector stakeholders, including prominent members from All Pakistan Textile Mills Association (APTMA).

Exploring linkages with China assumes importance keeping in view the rising domestic consumption in the neighbouring country and the need to boost the value-added garment industry in Punjab, Pakistani media reported citing the participants.

Backward linkages whereby large industrial players integrate into corporate farming for cotton could be a potential model to explore in this regard, it was felt.

The experts also felt the need to check undocumented and under-valued import of textile and apparel products from China as that distorts the local market dynamics making it impossible for local players across the whole value-chain to compete. (DS)

Fibre2Fashion News Desk – India


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