Home / Knowledge / News / Textiles / Withdraw 4% import duty on raw cotton: Aptma to govt
Withdraw 4% import duty on raw cotton: Aptma to govt
03
Jan '17
The All Pakistan Textile Mills Association (Aptma) Sindh-Balochistan Zone has asked the government to withdraw 4 per cent import duty imposed on raw cotton as cotton production in the country is not likely to fulfill requirements of 14.5 million bales. The local crop production in the country is likely to touch 11.25 million bales in the current season.

Aptma had also urged the government to withdraw the import duty on cotton about two months ago, the association’s spokesperson said in a statement. The government had denied withdrawing it around that time as it wanted to wait until a major portion of the crop was sold.

The spokesperson added that the local crop will not be meeting the textile industry’s requirements and action needs to be taken in time so that exports are not affected. The industry cannot bear the additional burden of import duty and compete against countries in the export market.

The textile exports in the country have been declining and 80 to 82 per cent of the crop produced in the country has already been used by the industry. It is misleading to say that ginners have sufficient cotton stocks to fulfill the industry’s needs, stated the spokesperson. (KD)

Fibre2Fashion News Desk – India


Interviews View All

Headhonchos, Indian fashion industry

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Veronique Lee, Modavanti

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Claudia Kersten, Global Organic Textile Standard

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

John Kelley,

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Farheen B Rahman & Priti Jain,

Farheen B Rahman & Priti Jain

Founded by business-designer duo <b>Priti Jain and Farheen Rahman</b>,...

Harsh Shah,

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Johan Berlin, Investkonsult Sweden AB

Johan Berlin
Investkonsult Sweden AB

Investkonsult Sweden AB are consultants in the nonwoven and absorbent...

Sameer Sonkusale & Rachel Owyeung, Tufts University

Sameer Sonkusale & Rachel Owyeung
Tufts University

A team at the Tufts University in Massachusetts was recently in news for...

Luis Quijano, Liberty University

Luis Quijano
Liberty University

Focusing on bold patterns and colour palettes, Luis Quijano, a student at...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

Mike Hoffman, Gildan Activewear SRL

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Aneeth Arora, Péro

Aneeth Arora
Péro

The Woolmark Company has partnered with handmade fashion label Péro and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


November 2019

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

Follow us on instagram

Follow

Follow Fibre2Fashion On

Follow Fibre2Fashion On


Advanced Search