Tag: Textile

LAHORE - The All Pakistan Textile Mills Association (APTMA) Chairman Gohar Ejaz has lauded efforts of President Asif Ali Zardari for his industry-friendly approach and accelerated implementation of APTMA's proposals.
He said that the credit goes to President Zardari for extending full ownership to textile industry, declaring 2011 as the Year of Textile and for stimulating the bureaucracy to follow APTMA's guidelines in its true letter and spirit, said the young and dynamic APTMA

LAHORE - The prices of garments have doubled in the last year on the back of soaring cotton prices giving an edge to national exports, the stakeholders of textile and agriculture sector told Pakistan Today on Wednesday. The price of cotton in the course of a single year doubled and resulted in an increase of production costs for all types of garments including denim, shirts, socks and other items. The price of cotton stood at Rs 12,620 per 37.32 kg with one kg cotton costing around Rs

ISLAMABAD - Exports of textile and food groups have registered considerable growth during the first eight months of the current year, surging by 28.67 percent and 18.28 percent respectively.
Textile exports, during July-February (2010-11), were recorded at $8.637 billion against exports of $6.708 billion in the same period last year, Federal Bureau of Statistics reported. Similarly, food exports augmented during the period under review and stood at $2.465 billion compared to

KARACHI - Commerce Secretary Zafar Mahmood along with Trade Development Authority of Pakistan Chief Tariq Iqbal Puri has met prominent exporters in the textile sector to discuss an action plan for enhancing exports of value added textile sector. The Secretary opened the forum for discussion and invited the Industry representatives to present their viewpoint at the event. Most of the industrialists agreed that value addition in Pakistan was inadequate and claimed that this was due to

KARACHI - Social compliance requirements, for foreign buyers, has become a little difficult for manufacturers as a majority of textile industries depend on contract workers for their operations in South Asia including Pakistan, said National Projects Director Gen-Prom UNDP Maham Nasira. Addressing the seminar organised by Pakistan Readymade Garments Technical Training Institute (PRGTTI), on social compliance for foreign buyers, she said that a large number of textile units like

LAHORE - While taking serious notice of gas supply suspension to the textile industry in Punjab, President Asif Ali Zardari has directed the Sui Northern Gas Pipelines Limited (SNGPL) managing director to ensure five days a week uninterrupted gas supply to the textile industry in the province of Punjab.
According to the APTMA spokesman, the president has further directed the concerned authorities to divert gas supply to the export-oriented textile industry from the power plants

FAISALABAD - A Faisalabad-based textile exporter has claimed that the textile sector has the potential to pay off all foreign debts of the country within three years if the federal government ensures uninterrupted electricity and gas supplies to the Punjab.
Renowned cotton yarn exporter Syed Faheem Mahmood Shah, the Pakistan Yarn Merchants Association (Punjab and KPK zone) chairman, in his exclusive interview to Pakistan Today, has expressed his deep concern over the federal

KARACHI - Pakistan's textile exports, during July 2010 to January 2011, have seen a healthy growth of 25.9 percent, while food exports have surged by 13 percent compared to the same period in the last fiscal year. According to sources, the country's export of textile and clothing, during the seven months of this financial year 2011, were recorded at $7450 million compared to the $5918 million achieved during the corresponding period of 2009-2010.
Analysis depict that growth in

KARACHI - Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Zonal Chairman Jawed Chinoy, in a press statement, said that growth in Pakistan's textile exports is largely driven by an increase in value added products in real terms. He said that value of readymade garment exports have increased by 35 percent, while the quantity exported has gone up by 23 percent.
Similarly, value of knitwear exports and its quantity has increased by 24 percent and 21

LAHORE - The All Pakistan Textile Mills Association (APTMA) will organise a gathering at the Presidency, Islamabad on February 11, 2011. In addition, the APTMA is introducing Legends of APTMA Awards for leading textile businessmen, to reward for outclass performance in the textile industry.
President Asif Ali Zardari has graciously agreed to confer these awards to these legendary figures during the annual dinner at the presidency. Decision, regarding Legends of APTMA Awards, was

KARACHI - Pakistan possesses a potential of at least $50 billion in value-added textile if workers are fully equipped and trained as per international standards, said Ministry of Textiles Commissioner Muhammad Idrees.
He expressed these views while addressing closing ceremony of the ninth round of United Nations Development Program (UNDP) and PRGTTI's Apparel Manufacturing and Management Training program held recently at the Pakistan Readymade Garments Technical Training

KARACHI - To avoid huge potential losses likely to be incurred as a result of the imposition of anti-dumping duty on garments and fabrics imports in Turkey, Pakistan has started intense lobbying in the foreign country to protect its domestic manufacturers.
The Ministry of Commerce (MoC) has sent the Chief Executive of Trade Development Authority of Pakistan (TDAP) to Turkey, as part of diplomatic wrangling over the duties, he will hold talks with senior officials of the foreign

KARACHI - The Turkish authorities have assured Pakistan of an impartial enquiry before determining its verdict on the imposition anti-dumping duty on Pakistan's textile exports. It has also been clarified that Ankara is still in a probing phase and that the final decision might take as long as eight to nine months.
The pledge was made when a Pakistani business delegation, led by Advisor to Chief Minister Sindh on Investment Muhammad Zubair Motiwala met MNA and Chairman

KARACHI - The group-wise exports of Pakistan have significantly increased during July to December 2010, as the textile sector boosted by 25.8 percent, while the food group recorded a 6.2 percent growth compared to the same period in last fiscal year. According to sources, the country's textile and clothing export during the six months of this financial year stood at $6324.247 million compared to $5027.032 million achieved during the corresponding period of 2009-2010, an increase of

KARACHI - A meeting of the Standing Committee of National Assembly on Textile Industry was convened under the Chairmanship of Haji Muhammad Akram Ansari at the Pakistan Textile City Head Office located in Port Qasim.
The meeting was also attended by Federal Minister for Textile Industry Rana Muhammad Farooq Saeed Khan and Pakistan Textile City Chief Executive Officer (CEO) Zaheer A Hussain. The committee was briefed on the company and the ongoing development of the project.