Pakistan’s Denim Exports to US Soared 62% in First Six Months of 2021

Pakistan exported $38 million worth of denim clothing to the United States in July, 2021. This figure represents 140% growth over July, 2020. Mexico’s denim exports grew 58% while those of Bangladesh grew 24% in this period, according to the US Office of Textiles and Apparel.  Among the top Asian suppliers, Pakistan’s exports to US …

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How the pandemic gave Pakistani denim a second life

  Most clothes in Pakistan are tailor-made. It is a strange phenomena of the third-world that a majority of people that would be considered not well off wear bespoke clothing. The major reason for this is cheap labour. Skilled tailors are everywhere and they do not ask for the kind of money that their skilled …

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PAKISTAN RECORDS HIGHEST EVER TEXTILE EXPORTS IN JANUARY 2022

ISLAMABAD: Pakistan’s textile exports have reached new heights after they reached Rs1.55 billion in January 2022, the highest ever exports from the sector in a month, ARY NEWS reported. The details were shared by Senator Faisal Javed Khan, a close confidante of Prime Minister Imran Khan, from his Twitter handle. While sharing a graph of …

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PHMA welcomes new Textile & Apparel policy 2020-2025

LAHORE: Pakistan Hosiery Manufacturers and Exporters Association (PHMA) appreciating the approval of the new Textile & Apparel Policy 2020-25, has called for speedy implementation of it, as it is vital for new investment and marketing plan in the major export-oriented sector. PHMA Central Chairman Shahzad Azam Khan expressed the hope that the $42 billion export …

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Textile Sector leads Pakistan’s net zero bid  

Net Zero Pakistan, the country’s drive towards net zero carbon emissions in industry – was intended to be cross-sector but so far 95 per cent of the signatories come from the textiles sector. Saleha Asif, CEO of the Pakistan Textile Council, argues that the textiles sector is a natural leader for the national initiative by …

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Pakistan targets $20 billion textile exports

Pakistan’ s textile industry has set a target a increase textile exports to $20 billion in the next few years. Its textile exports rose by 37 per cent to $1.69 billion in February 2022, as against $1.23 billion in February 2021, reveals All Pakistan Textile Mills Association. The exports of textile commodities surged by 24.73 …

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Cheap gas, electricity to be provided to textile industry

FAISALABAD: State Minister for Finance Rana Muhammad Afzal Khan on Monday said that gas prices would be further decreased for textile industry to reduce cost of production to maximum extent. Addressing a meeting at All Pakistan Textile Processing Mills Association (APTPMA) here, the state minister said the government had planned to provide electricity at rate …

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Pakistan plans Rs10b research fund to boost cotton output

ISLAMABAD: The Pakistan government is likely to announce a Rs10-billion research development fund in an effort to boost cotton production next season as the harvest remains unimpressive for the past few years. Talking to The Express Tribune, a senior government official disclosed that a high-level meeting on Wednesday tried to prepare a plan for enhancing …

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Pakistan exports to EU grow by almost 6%

Pakistan’s exports to the 28-member European Union (EU) posted a growth of nearly 6% in January-September 2017 on a year-on-year basis. This shows that the Generalised System of Preferences-Plus (GSP+) scheme largely failed to boost exports to the EU. Total export proceeds to these countries amounted to €5.07bn during the period under review against €4.79bn a …

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Pakistan invites Japan to assist in promoting its textiles through PTA

ISLAMABAD: Minister of State for Finance, Rana Muhammad Afzal Khan invited Japan to assist Pakistan to promote its textile through Preferential Trade Agreements (PTA). During a meeting with Ambassador of Japan, Takashi Kurai, who called on him, Rana said Pakistan highly values its relationship with Japan, a press statement said. He hoped that the economic …

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No sales tax, customs duty on cotton imports in Pakistan

The Pakistani Government last week withdrew sales tax and customs duty on cotton imports with effect from January 8 to meet the shortfall of silver fibre, a key input in the country’s textile industry. The Economic Coordination Committee (ECC) of the cabinet approved a proposal regarding the same at a meeting headed by Prime Minister …

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ASEAN & South Asia Dyestuff for Textile Market to Reach $1,938.9 Million by 2023: P&S Market Research

According to the new study published by P&S Market Research, the ASEAN & South Asia dyestuff for textile market is forecasted to Reach $1,938.9 Million by 2023. The growth of the ASEAN and South Asia dyestuff for textile market is mainly driven by the tremendously high demand of dyestuff from the home textile and automotive …

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PEW demands leather promotion for economic growth

The Pakistan Economy Watch (PEW) has asked the government of Pakistan for the development and promotion of the local leather industry for positive growth on the economy. A request has been made to the policymakers for more relaxations in the taxing system so that Pakistan leather industry could regain its position in the international market. …

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Cotton production increases 7 percent

LAHORE: At least 422,738 cotton bales of 160 kilograms each reached ginning factories during the last fortnight, industry data showed on Wednesday. Total cotton arrival at ginning stage has so far reached at 11.108 million bales, showing a seven percent increase in volume compared with the same period a year ago, according to a consolidated …

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PYMA urges govt for elimination of tax on yarn import

The Pakistan Yarn Merchants Association (PYMA) has urged the Pakistan government for removal of the regulatory duty on the import of yarn. An appeal has been made to Dr Miftah Ismail, advisor to the Prime Minister on finance, revenue & economic affairs, for supply of affordable raw materials to the textile industry to increase the …

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Industry hopes textile exports will jump to $13b this year

FAISALABAD: Textile exports have been going up steadily since the start of the current fiscal year in a positive sign that raises expectations that full-year proceeds will touch $13 billion after a hiatus of two years. Textile shipments jumped 7.66% year-on-year to $5.51 billion in the first five months (July-November) of the current fiscal year, …

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Uzbekistan, South Korea mull implementation of textile Techno Park project

The delegation of Uzbekistan visited South Korea to discuss the implementation of the project to create a textile Techno Park in the city of Tashkent. During the visit, the Uzbek delegation held talks with representatives of the Korean Institute of Industrial Technology (KITECH). The sides exchanged views on the state of implementation of the project …

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Govt disburses Rs14bn for textile sector under PM ‘s Export Enhancement Package

ISLAMABAD: The government has disbursed Rs 14 billion among the textile sector against claims for Rs 21 billion through the State Bank of Pakistan under the Prime Minister’s Export Enhancement Package till December 21. The Rs 162 billion Export Enhancement Package was aimed at helping the textile sector to gain competitiveness in the international market …

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Textile brands get behind China’s green shift

Consumers are willing to spend more on eco-friendly clothing and products, writes Helen Roxburgh When Sherry Poon set up her childrenswear clothing business, Wobabybasics, nine years ago, finding eco-friendly factories in China was a struggle, and finding organic cotton suppliers was nearly impossible. “We originally wanted everything to be both sourced and made in China, …

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Textile exports up 8 percent to $5.51bln in July-Nov

KARACHI: Textile exports increased around eight percent to $5.51 billion during the first five months of the current fiscal year of 2017/18 as value-added sector posted a decent growth, official data showed on Thursday. Pakistan Bureau of Statistics (PBS) data showed that textile industry, which accounts for over 60 percent of the country’s exports, fetched …

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