Related Keywords: after achieving increase on yearonyear in March, export of value-added products grew, eyeing more than USD five hundred million increase, knitwear grew, next three months, Pakistan government, readymade garments rose, textile exports
Pakistan government is eyeing more than $500 million increase in textile exports in next three months after achieving a 6.2 percent increase on year-on-year in March worth $1.064 billion.
The recent increase in the textile sector after a long dip is due to the decrease in duties, said officials at the Ministry of Textiles. They have zeroed customs duty from 4 percent. Likewise, sales tax has been zeroed from 5 percent. They have introduced made-ups.
