The Pakistan prime minister in his meeting with all the textile industry stakeholders in September had very wisely desired the textile ministry and the textile industry to come up with a long-term policy for the revival and growth of the textile industry. All Pakistan Textile Mills Association (Aptma) has urged the government to announce and lay down the implementation mechanism for the agreed long-term policy.
Aptma Chairman Aamir Fayyaz stressed that an early announcement of the policy will help reverse trade account deficit and thereby contribute to the country’s progress and prosperity.
Fayyaz said that the policy has been devised for the restoration of the international competitiveness of Pakistan’s textiles whereby 1,000 garment and stitching plants are expected to materialize to make the best of the opportunity.
The Federal Textile Board, in its follow-up meeting with all stakeholders, had unanimously proposed various initiatives as a long-term policy to be announced at the earliest.
It enabled requisite investment to generate exportable surplus and achieve additional $20 billion exports in the shortest timeframe to overcome the menace of growing trade deficit, the biggest economic challenge for the government.
Better Earth has introduced the Farmer's Fiber Retail Collection, a new range of BPI-certified, US-made compostable molded fiber plates and…
Researchers have developed an innovative wireless tagging system that can identify objects and measure temperaturE without using traditional microchips.
Avantium has made a major breakthrough in textile recycling, developing a unique method to separate and reuse both cotton and…
Ventile has teamed up with Norwegian brand Northern Playground to introduce a new lightweight anorak designed for both outdoor adventures…
Faherty Brand has announced a new collaboration with Alternew to improve the shopping experience by offering convenient alteration services to…
GFA and PDS Ventures are searching for early-stage innovators with sustainable solutions that can transform the fashion and textile supply…