Global Apparel Market – An Overview | Watch NOW! | Ad
Home / Knowledge / News / Textiles / APTMA submits budgetary proposals to lawmakers
APTMA submits budgetary proposals to lawmakers
Apr '18
The All Pakistan Textile Mills Association (APTMA), in its budgetary proposals submitted recently, urged the Pakistani Government to boost the textile sector by focussing on exports through a three-pronged strategy — making available affordable electricity and gas, rationalising tariffs in the textile value-chain and encouraging investment to create export surplus.

Export driven growth is imperative for creating jobs, reducing current account deficit and attracting local and foreign direct investment, Pakistani media reports quoted APTMA as saying.

Electricity cost at Rs.11.40/kWh is at present unrealistically high and is inflated due to elements of cross subsidy and theft in the system, according to the association.

Electricity should also be made available at the same rate across the country, APTMA observed. Punjab, the prime textile hub, gets gas at Rs 1300/MMBtu, whereas, for the rest of the country, it is available at Rs 600/MMBtu.

As domestic cotton production is not enough to meet local demand, imposing duty on cotton imports makes little sense. Incentives should also be offered to farmers to enhance cotton productivity, it said.

The increasing trend in the import of synthetic yarn is adversely affecting its local production. Imposing 15 per cent regulatory duty on its import will provide some breathing space for its local production, APTMA said.

Facilities like refunds and long-term financing facility (LTFF) available to exporters should be extended to local manufacturers that sell goods directly to exporters. This is the standard practice even in developed countries and will encourage sale within the value-chain for producing textile goods for export, the association added. (DS)

Fibre2Fashion News Desk – India

Must ReadView All

Courtesy: Pexels

Textiles | On 19th Sep 2018

Punitive PRC tariffs on US goods has extra 5% on textiles

Responding to Washington’s latest duty increase in a dispute with...

Courtesy: Tecnorama

Textiles | On 19th Sep 2018

'Reliability & excellent quality are Tecnorama’s USP'

The complete reliability and excellent quality of Tecnorama systems...

Courtesy:  Stanislav Kondratiev on Unsplash

Apparel/Garments | On 19th Sep 2018

AAFA questions US tariffs on $200 bn Chinese goods

The American Apparel & Footwear Association (AAFA) has questioned...

Interviews View All

Amrit Sethia, SOIE

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Top executives, Textile & apparel bodies

Top executives
Textile & apparel bodies

Textile industry would like to see inclusion of cotton yarn under MEIS and ...

Yash Agarwal, Hitansh Online

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Deepprakash Agrawal,

Deepprakash Agrawal

Radhey Weaves is a Surat-based manufacturer of brocade fabrics. MD...

Gagan Gulati,

Gagan Gulati

PG Silk Mills Private Limited had a humble start with a hand-dyeing unit....

Kalai Selvi,

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Prof Seokheun (Sean) Choi, Binghamton University, State University of New York (SUNY)

Prof Seokheun (Sean) Choi
Binghamton University, State University of New York (SUNY)

A team of researchers from the State University of New York (SUNY),...

Razvan Popescu, Directa Plus SpA

Razvan Popescu
Directa Plus SpA

Directa Plus is one of the largest producers and suppliers worldwide of...

Mr Hartmann Huth, Trevira GmbH

Mr Hartmann Huth
Trevira GmbH

Trevira GmbH is an innovative European manufacturer of high-value branded...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Vaanee Bhatia, Gritstones Clothing

Vaanee Bhatia
Gritstones Clothing

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

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


Leave your Comments

September 2018

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

news category

Related Categories:

Advanced Search