Pakistan Cotton Sector Cries for Policy Focus
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The Pakistan exports of textiles have witnessed an increase of 7.7 percent in the lead of knitted garments and hosiery during the first half of the current fiscal year of 2021 as compared to the corresponding period of last year.
The Cotton Vision 2015, launched in 2011 during the tenure of the Pakistan Peoples Party (PPP) government, had envisaged that cotton production would jump from 10.6 million bales to 20 million bales in 2015 – or even earlier. That did not happen.
Al Karam Textile Mills has signed a six-year license for home textiles with Gap Inc., a San Francisco-based clothing retail company, for North America and Mexico, becoming the first home textiles company from Pakistan to have entered the brand licensing s...
Prime Minister Imran Khan has directed the Commerce and Industries Ministries to ensure all necessary support to the textile sector. On November 19, Prime Minister Khan had directed the authorities concerned to resolve the problems facing the textile indu...
Pakistan’s textile and clothing exports declined by over 15 per cent year-on-year to $1.007 billion in August, compared to $1.19bn in the corresponding month of 2019, data released by the Pakistan Bureau of Statistics showed on Monday.
Confronting them with their healthy profits, the government on Friday declined any relaxation in recovery of Gas Infrastructure Development Cess (GIDC) and asked the fertiliser and textile industries to start paying their Rs250 billion outstanding liabili...