Times of Islamabad

Good news for Pakistani textile industry on exports front

Good news for Pakistani textile industry on exports front

The textile industry in Pakistan is witnessing outstanding growth incapacity production despite Covid-19, which is evident from the massiveexport orders it has already received for the next half-year.

“Exports orders for the next 6 months are booked and despite COVID ourexports have increased significantly compared to our regional competitorswhose exports have shrunk”, said Adil Bashir, Chairman All Pakistan TextileManufacturers Associations (APTMA).

Pakistan’s textile exports in the month of November increased by 9 percent,as compared to the same period last year. This is because of the sustainedsupply of gas, that will likely continue, and help maintain the momentum ofenhanced exports which is currently working at full capacity.

“The textile sector is currently in the mode of rapid expansion to cater toincreased orders and demand. It is absolutely essential to sustain thismomentum which is being facilitated by the textile policy, in the form ofRegionally Competitive Energy Tariffs and the sustained provision ofgas/RLNG to the export sector”, the APTMA chief added.

There have been isolated cases of low pressure and supply problems in mixedfeeders and APTMA has taken up these issues with the Petroleum Division whoassured us of all possible assistance to remove any bottlenecks, heexplained.