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Textile industry faces the heat

Related Keywords: 46 textile factories at the Khurrianwala industrial estate outside Faisalabad, imports of cotton and machinery, Pakistan textile exporters association

The exporters are not much optimistic about the implementation of the Rs180 bn export enhancement package announced by prime minister Nawaz Sharif in December. The package allowed the 4-7 pc rebate to textile exporters across the value chain rewarding value-addition. Besides, imports of cotton and machinery for the industry was also made duty-free to encourage investment for boosting exports.

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