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Surat textiles could be on their way to Pakistan directly
26 Apr '12
2 min read
Synthetic textile fabrics produced in Surat could be on their way directly to Pakistan. This has been made possible after Pakistan granted the “Most Favoured Nation' (MFN) status to India. Currently, a large quantity of textile fabrics is being exported to Pakistan through unofficial channels and other countries like Dubai.
“However, the granting of MFN status will mean they can be directly shipped to Pakistan in a span of 24 hours, a top official of Karachi Chamber of Commerce and Industry (KCCI) told fibre2fashion.
Mr Younus Muhammad Bashir who is the Vice-President of KCCI was recently in India and his company – Needle Impressions participated in the just concluded successful 'Pakistan Lifestyle Expo' held in New Delhi. Needle Impressions also participated in a fashion show organised at the expo. He also visited Surat and Mumbai while in India.
Speaking about the opportunities on exporting textile fabrics from Surat to Pakistan, Mr Bashir said, “There are many products which have huge demand in Pakistan including synthetic textiles of Surat. India and Pakistan share a very similar culture in terms of choices in fabrics and dressing, so the potential is always there”.
“However, currently these items enter Pakistan through a third country route. We are in favor of a trade where import-export of goods can be done directly. The biggest advantage of direct trade is that, goods can be transported within just 24 hours. This in turn reduces the freight costs”, he informed.
“But Pakistan has currently included Indian synthetic fabrics under the negative import list, due to certain discrepancies in data collection from the industry”, he added.
He is of the opinion that products that are already being produced in India should not be imported from Pakistan and vice versa as this will help the domestic industry to flourish. Only those products not available in either of the countries should be imported.
It is also his view that, if there are some products that are not produced in Pakistan and can be imported from India that can benefit the domestic industry and vice-versa then, those goods should be removed from the negative list.
Speaking about the “Pakistan Lifestyle Expo”, Mr Bashir said, “The exhibition went off very well. The Indian audience really liked our products and the response was overwhelming. The government and the customs staff were very supportive and made sure we did not have any difficulties”.
“However, the granting of MFN status will mean they can be directly shipped to Pakistan in a span of 24 hours, a top official of Karachi Chamber of Commerce and Industry (KCCI) told fibre2fashion.
Mr Younus Muhammad Bashir who is the Vice-President of KCCI was recently in India and his company – Needle Impressions participated in the just concluded successful 'Pakistan Lifestyle Expo' held in New Delhi. Needle Impressions also participated in a fashion show organised at the expo. He also visited Surat and Mumbai while in India.
Speaking about the opportunities on exporting textile fabrics from Surat to Pakistan, Mr Bashir said, “There are many products which have huge demand in Pakistan including synthetic textiles of Surat. India and Pakistan share a very similar culture in terms of choices in fabrics and dressing, so the potential is always there”.
“However, currently these items enter Pakistan through a third country route. We are in favor of a trade where import-export of goods can be done directly. The biggest advantage of direct trade is that, goods can be transported within just 24 hours. This in turn reduces the freight costs”, he informed.
“But Pakistan has currently included Indian synthetic fabrics under the negative import list, due to certain discrepancies in data collection from the industry”, he added.
He is of the opinion that products that are already being produced in India should not be imported from Pakistan and vice versa as this will help the domestic industry to flourish. Only those products not available in either of the countries should be imported.
It is also his view that, if there are some products that are not produced in Pakistan and can be imported from India that can benefit the domestic industry and vice-versa then, those goods should be removed from the negative list.
Speaking about the “Pakistan Lifestyle Expo”, Mr Bashir said, “The exhibition went off very well. The Indian audience really liked our products and the response was overwhelming. The government and the customs staff were very supportive and made sure we did not have any difficulties”.
Fibre2fashion News Desk - India
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