The Pakistan government had recently imposed total duties and taxes, including anti-dumping duty, account for 30 percent on the import of polyester yarn making it difficult for the polyester-based sportswear industry of Sialkot to compete in the international market.
The Pakistan Hosiery Manufacturers and Exporters Association (PHMEA) central chairman Khurram Anwar Khawaja expressed concern over increasing taxes on the import of polyester yarn, saying the step has directly affected the sportswear industry.
Khawaja demanded that the government should abolish all duties and taxes imposed on the polyester yarn so that sportswear manufacturers and exporters can compete in global markets.
Anti-dumping duty is also imposed on the polyester fully drawn yarn that is not locally manufactured, which is against laws.
Researchers have created an innovative nanofibre patch that aims to simplify and improve the treatment of psoriasis, a common skin…
Clothing 2.0 has teamed up with The Marena Group LLC, a leader in medical-grade compression garments to transform the recovery…
Polartec has enhanced its Power Shield range, as it continues to replace petroleum-based materials with renewable alternatives while improving fabric…
Biomaterial company, Uncaged Innovations, has collaborated with ten independent fashion brands to launch Elevate, a new eco-friendly luxury leather alternative.
Rudolf introduced the Digital Pigment Printing Toolbox, a package of pre-treatment products to improve the quality and sustainability of pigment…
Aquafil Group, the innovator behind ECONYL regenerated nylon, has launched the ECONYL Bespoke Collection that mimic the aesthetics of natural…