All Pakistan Textile Mills Association Chairman S. M. Tanveer has thanked Prime Minister Nawaz Sharif for holding a detailed meeting with textile industry associations to finalise a relief package in context of the high cost of doing business and relating issues. He has also appreciated the role of … Read more about Prime Minister Thanked For Holding Talks With Textile Bodies
APTMA Slams Govt For Steep Power Bills
As the Pakistani textile industry continues to struggle against unfriendly business atmosphere, the All Pakistan Textile Mills Association (APTMA) has criticized the Ministry of Water and Power for ignoring the ground realities and destroying the textile industry as the largest employer of 10 … Read more about APTMA Slams Govt For Steep Power Bills
Package For Textile Industry
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 Rs64.15 … Read more about Package For Textile Industry
Import Of Textile Machinery Reduced With 26%
Import of textile machinery has reduced with 26% after falling of investment, while imports of textile machinery are expected to decreased. However, Pakistan’s most important export industry is declining it’s investment rapidly in the textile sector, local industries are facing stiff competition … Read more about Import Of Textile Machinery Reduced With 26%
FM to consider FICCI Textiles Committee Suggestions
Finance minister Aurn Jaitley has assured the Textiles Committee of the Federation of Indian Chambers of Commerce and Industry (FICCI) that he would consider its suggestions on proposed revised Technology Upgradation Fund Scheme (TUFS), interest subvention and duties on man-made fibre. The … Read more about FM to consider FICCI Textiles Committee Suggestions
Government-APTMA Talks End In Stalemate
The talks between government and All Pakistan Textile Mills Association (APTMA''s) to postpone the latter''s strike call of August 7 failed to produce results on Saturday after the Finance Ministry refused to accept industry''s demand for withdrawal of recently imposed surcharges on electricity … Read more about Government-APTMA Talks End In Stalemate
Water Shortage May Lead to Closure of Textile Units: Firoz
Voicing concern over persisting water shortage in all industrial zones of the city, Federation of Pakistan Chambers of Commerce and Industry's (FPCCI) former vice president Gulzar Firoz has apprehended that if the situation continued to persist, it will lead to closure of many textile processing … Read more about Water Shortage May Lead to Closure of Textile Units: Firoz
Cotton Market: Rates Fall Amid Post-Holidays Session
Prices showed soft trend on the cotton market on Wednesday in the absence of leading buyers' interest amid Eid-ul-Fitr holidays' session, dealers said. The official spot rate was down by Rs 100 to Rs 4600, dealers said. Seed cotton prices in Sindh followed same pattern losing Rs 50 to Rs 2250-2300 … Read more about Cotton Market: Rates Fall Amid Post-Holidays Session
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Textile industries facing difficulties
Textile industries facing difficulties It is really a great irony that while the government is pushing to increase exports, the harassed and greatly burdened are not only facing short supply of these most essential inputs, Gas, Electricity and Water but also to add fuel to the fire, tariff of all … Read more about Textile industries facing difficulties
JICA To Provide Technical Assistance to Textile Ministry Pakistan
Japan International Co-operation Agency (JICA) on Tuesday extended a helping hand to the ailing textile sector of Pakistan by showing willingness to provide technical assistance to the Ministry of Textile in marketing, products diversification and capacity building of garment technology … Read more about JICA To Provide Technical Assistance to Textile Ministry Pakistan
Falling Exports Worry Pak Textile Mills
All Pakistan Textile Mills Association (Aptma) has expressed worries over declining trend in textiles exports, saying that the industry is on its way to becoming ‘history’ since the government has turned its back, Pakistani newspapers have reported. “The Association has been blowing the whistle … Read more about Falling Exports Worry Pak Textile Mills