Pakistan to Display Products at Heimtextil Frankfurt Pakistan is taking part in Heimtextil, Frankfurt to introduce the best quality textile transformed into bed linens, upholstery, furniture fabric, household decorative covers, garments etc. Pakistanis will display their products in the 70 to 80 … Read more about Pakistan to Display Products at Heimtextil Frankfurt
APTMA Hails Pak Govt Decision To Cut Power Tariff
APTMA hails Pak Govt decision to cut power tariff The crisis-ridden textile industry of Pakistan, which had earlier been slapped with Rs 3.63 per unit surcharges, has welcomed the December 28 announcement by Prime Minister Nawaz Sharif about reduction in the total electricity tariff by … Read more about APTMA Hails Pak Govt Decision To Cut Power Tariff
APTMA warns of unemployment threat if gas supply is cut
The Punjab chapter of the All Pakistan Textile Mills Association (Aptma) has now warned that there would be massive unemployment if the Sui Northern Gas Pipelines Limited (SNGPL) discontinued gas supply to textile mills in Punjab, Pakistani newspapers have … Read more about APTMA warns of unemployment threat if gas supply is cut
Mills, Spinners Make Cautious Buying On Cotton Market
Mills, Spinners Make Cautious Buying On Cotton Market: Selective buying by mills and spinners again witnessed on the cotton market on Saturday in the process of trading, dealers said. The official spot rate retained overnight levels at Rs 5,350, dealers said. In Sindh, seed cotton prices were at … Read more about Mills, Spinners Make Cautious Buying On Cotton Market
Import of MMF yarns, fabrics hurting local industry: APTMA
The All Pakistan Textile Mills Association (APTMA) acting Chairman Shahid Mazhar has said that the surge in import of man-made fibres (MMF) yarns including polyester, viscos and acrylic and fabrics in the domestic commerce was badly hurting the local textile industry. He said the competitors of … Read more about Import of MMF yarns, fabrics hurting local industry: APTMA
Crisis in Pak textile industry with 30% production closed
The new Chairman of the All-Pakistan Textile Mills Association (APTMA) Tariq Saud has that six major sub-sectors of textile industry have closed down owing to energy crisis, high cost of doing business and inconsistency in government policies, Pakistani newspapers have reported. He … Read more about Crisis in Pak textile industry with 30% production closed
Quaid-e-Azam Apparel Park Project: Initial Design Of Master Plan Approved
Quaid-e-Azam Apparel Park Project: Initial Design Of Master Plan Approved: Punjab Chief Minister Shahbaz Sharif presided over a high-level meeting here on Friday which reviewed the progress on Quaid-e-Azam Apparel Park Project. The meeting gave approval to the initial design of the master plan of … Read more about Quaid-e-Azam Apparel Park Project: Initial Design Of Master Plan Approved
Over 1 Million Spindles Closed Down In Three Months: APTMA Chairman
High cost of doing business: Over one million spindles capacity has closed down in the country during the last three and a half months primarily because of the unbearable high cost of doing business. According to Chairman All Pakistan Textile Mills Association (APTMA), Tariq Saud has said that all … Read more about Over 1 Million Spindles Closed Down In Three Months: APTMA Chairman
Pak’s Import Duty On Cotton Yarn Effective From Nov 1
Pakistan's Federal Board of Revenue (FBR) has imposed 10 per cent regulatory duty (RD) on eight different types of cotton yarns including woven fabrics of cotton from November 1, 2015. According to a State Regulatory Order, 10 per cent RD has been imposed on the import of cotton yarns (other than … Read more about Pak’s Import Duty On Cotton Yarn Effective From Nov 1
Pakistan Slaps 10% Import Duty On Indian Cotton Yarn
The import of cotton yarn from India by Pakistani textile companies is set to get costlier with the government announcing a 10 per cent import duty that comes into effect from November 1, 2015, according to media reports. Finance Minister Ishaq Dar announced the decision after holding a series of … Read more about Pakistan Slaps 10% Import Duty On Indian Cotton Yarn
FCCI Terms 10 Percent Duty On Imported Yarn A Blunder
Ten per cent duty on imported yarn is a blunder which is tantamount to kill the value added textile sector which was the mainstay of the textile sector, said President Faisalabad Chamber of Commerce and Industry Chaudhary Muhammad Nawaz. Commenting on the recent decision of Federal Finance … Read more about FCCI Terms 10 Percent Duty On Imported Yarn A Blunder
Textile Units Up For Sale?
A good number of textile millers have put their units on sale in the city, saying the high cost of doing business had hit hard to their viability. "We are left with no option but to sale out our units at throwaway price," said one miller who is unable to pay his electricity bill. "Not only are the … Read more about Textile Units Up For Sale?
