LEADERS OF TEXTILE SECTOR IN PAKISTAN HOPE FOR SUPPORT OF THE GOVERNMENT OF THE COUNTRY
According to leading companies in the textile industry of Pakistan, thanks to the policy of zero rate of taxation of the textile industry of Pakistan adopted the federal budget, for the next financial year, the textile industry is expected to grow by 25-30%.
Leaders of Pakistan Knitwear Manufacturers Association (PAPT) believes that the government should do more to increase exports of textile industry.
They called on the government to continue the operation of financing schemes such as the #39;Musharaka#39; (Musharaka) and #39;Modaraba#39; (Modaraba), to provide financial support to the textile industry in the creation of energy-generating plants to meet the specific needs of textile enterprises.
In the next financial year, presumably sector jerseys provide the country with a profit of $ 1.8 billion, however, production in all sectors of the textile industry will experience a lack of energy.
The leaders called for the textile sector to assist the Government of Pakistan to the company Sui Southern Gas (SSGC) has increased gas supplies. The company ECC, in turn, has given permission for the establishment of power plants in the maquiladoras.
Also, the government should allocate funds for the construction of treatment plants for the textile industry, working for export. Pakistan - a country producer of cotton, the company must provide the exporting cotton fiber equipment that produces competitive products, as reported fibre2fashion.com.
