He said that the government has ignored recommendations set forth by the textile exporters to augment the country's textile exports, and urged it to take serious initiatives to salvage the industry from further collapse. Import of textile machinery would further decline in the next months, he added.
He said that new investment in the textile sector has also plunged and now textile industrialists are concentrating on modification of their existing plants to meet the demands set by international buyers. "We have demanded of the government a relief package for revival of textile industry but so far it has not responded," he said.
South Asia Logistics, Pakistan
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