Pakistan News

    Textile Industry In Pakistan Karachi Postcode

  • Pakistan's once-booming textile industry struggles to bounce back

    As Pakistan slowly emerges from a long-term power crisis, its once booming textile sector is scrambling to find its feet ? but high energy costs and a decade lost to competitors mean recovery is far from assured...

    The result was crippling for manufacturers and in particular the textile sector, which employs 30 per cent of the working population...

  • Textile industry underscores power tariff distortions

    ISLAMABAD: The textile industry has identified serious distortions in the electricity tariff resulting in the build-up of billions of rupees per month of unpaid refunds, making the industry unsustainable...

    In a letter to the National Electric Power Regulatory Authority (Nepra), the All-Pakistan Textile Mills Association (Aptma) has pointed out that the existing scheme of power tariff was not only creating problems for consumers,...

  • Package for textile industry

    ISLAMABAD: The government on Friday announced that the special package unveiled last year under the Textile Policy 2014-19 will remain available for the sector during 2015-16 as well...

    In his budget speech, Finance Minister Ishaq Dar said that under the Textile Policy 2014-19 financial package of Rs64...

  • Textile industry to keep units shut tomorrow

    KARACHI: The textile industry has decided to observe a ‘Black Day’ on Wednesday against the delay in announcement of a relief package promised by Prime Minister Nawaz Sharif last month...

    Around 400 members of the All Pakistan Textile Mills Association (Aptma) will keep their factories closed to protest against the high cost of inputs including energy and delay in the announcement of an incentives package...

  • Textile industry rides the wave of no-tax, no-refund regime

    LAHORE: The revival of zero-rating (no tax, no refund) regime for textiles and clothing exports appears to have buoyed the country’s largest industry...

    This will help the industry competitive in the international market provided the decision is enforced in letter and spirit, said former chairman of All Pakistan Textile Mills Association (Aptma) Gohar Ejaz...

  • Gas supply to textile industry suspended

    LAHORE: The four-hour gas supply per day to Punjab-based textile industry was suspended on Friday by the Sui Northern Gas Pipelines Limited (SNGPL) for an indefinite period, citing ‘domestic’ load as the reason...

    The whole chain of textile comprising 400 to 500 units, including spinning, weaving and processing, in the province would not be supplied gas from Friday evening, industry sources told Dawn...

  • Sales tax irks value-added textile industry

    KARACHI: Textile industry leaders have confronted the Sindh Revenue Board (SRB) over the levy of sales tax on the supply chain of value-added textile sector...

    Towel Manufacturers’ Association of Pakistan (TMA) chairman Farreukh Maqbool approached chairman SRB and strongly argued that the supply chain of value added textile sector starts from sowing and plucking of cotton from fields for converting into finished cotton yarn and...

  • Textile industry protest on Dec 6

    LAHORE: Textile associations on Monday announced that December 6 will be observed as black day against the gas price disparity that has been affecting the entire industrial chain in Punjab...

    The announcement came at a joint press conference of office-bearers representing Pakistan Textile Exporters Association (PTEA), Faisalabad Chamber of Commerce and Industry (FCCI), All Pakistan Textile Mills Association (Aptma), All Pakistan...

  • Textile industry struggles to bounce back

    FAISALABAD: As Pakistan slowly emerges from a long-term power crisis, its once booming textile sector is scrambling to find its feet — but high energy costs and a decade lost to competitors mean recovery is far from assured...

    The result was crippling for manufacturers and in particular the textile sector, which employs 30 per cent of the working population...

  • Issues of textile industry discussed

    ISLAMABAD: The representatives of textile industry and the government officials on Thursday discussed issues relating to viability of textile sector and tax related issues...

    Secretary Textile Amir Muhammad Khan Marwat, senior officials from Ministry of Commerce, members of FBR and other officials also attended the meeting...

  • Textile industry assured of support

    KARACHI: State Bank of Pakistan (SBP) Governor Ashraf Mahmood Wathra said on Tuesday the central bank will extend all kinds of support to the stakeholders of the textile industry...

    He said this at a meeting of the Senate Standing Committee on Textiles that took place at the SBP headquarters to discuss the problems faced by the textile industry and seek proposals for its sustainability...

  • Textile industry seeks $5bn credit line from China

    LAHORE: The textile industry wants Prime Minister Imran Khan to convince China’s leadership in his upcoming tour to set up a special credit line of $5 billion for fresh investments and joint ventures between the manufacturers of the two countries...

    In a recent paper by the All Pakistan Textile Mills Association (Aptma) to the textile ministry, the owners said the facility should be extended (by China) under pay-as-you-earn scheme on...

  • Withdrawal of zero-rating to hurt textile industry

    “The industry is seriously concerned with this proposal as the end exporter would be worst hit due to stuck up of refunds,” All Pakistan textile Mills Association (Aptma) Chairman Syed Ali Ahsan said...

    The Aptma chief said the proposed scheme to raise revenue from the textile value chain by introducing 17 per cent sales tax and subsequent refund of the same under an already tested, tried and eventually failed system would choke down...

  • Textile industry rejects govt’s local sales claim

    KARACHI: The textile industry on Thursday rejected Adviser to the Prime Minister on Finance Dr Hafeez Sheikh’s assertion that domestic sales of textiles amount up to Rs1,200 billion per annum...

    Speaking at the Pakistan Hosiery Manufacturing Association on Thursday Jawed Bilwani, Zubair Motiwala, Naqi Bari, Rafiq Godial and Shabir Ahmed challenged the finance adviser and asked him to come up with workable calculations which could...

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