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Related Keywords: All Pakistan Textile Mills Association, basic textile raw materials cotton and PSF, cotton, domestic polyester manufacturers, entire textile export value chain, global market players, man-made textile products, manmade textiles, polyester fiber chain, Polyester prices, polyester staple fibre, PSF, PTA and PSF plants, PTA plant, raw materials, synthetic market, Textile exporters, yarn manufacturers

The yarn producers have urged the government to reduce import duties on the import of PSF from existing 7 percent to 2 percent as polyester prices have almost doubled in the last year. The meeting was also of the view that one of the main causes of the non viability of domestic polyester fiber chain is the protection extended to the obsolete PTA plant over the last 25 years.

Related Keywords: All Pakistan Textile Mills Association, Central Executive Committee, gains in exports, import duty on cotton, Textile Industry, textile package, yarn and fabric

The CEC apprehended that the imposition of import duty on cotton would erode the viability and competitiveness of industry and nullify the gains in exports during the last one year.

The CEC also rejected the imposition of 11 percent duty on import of cotton from July 15, as the domestic cotton production in the coming season is expected to be even less than 10 million bales and the industry will have to import more than five million bales to meet the shortage. The CEC also criticised reduction in rebate and exclusion of yarn and fabric from the list.

Related Keywords: 000 garment manufacturing plants, All Pakistan Textile Mills Association, APTMA members, boost annual production, investment of $7 billion, planned units install half a million stitching machines, resolve the crisis in the sector, set up 1, set up near textile-producing cities, the association proposed recently, three billion pieces

All Pakistan Textile Mills Association (APTMA) members to set up 1,000 garment manufacturing plants with an investment of $7 billion to resolve the crisis in the sector, the association proposed recently. These will be set up near textile-producing cities like Lahore, Sheikhupura, Faisalabad, Kasur, Multan, Sialkot, Rawalpindi, Karachi and Peshawar.

The planned units will install half a million stitching machines, which will boost annual production to three billion pieces, according to a report in a top Pakistani newspaper.

Related Keywords: agreed long term policy, All Pakistan Textile Mills Association, announce and lay down, Federal textile board, implementation mechanism, long-term policy, meeting with all textile industry stakeholders, Pakistan prime ministe, restoration of international competitiveness, revival and growth of textile industry

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.

Related Keywords: above market expectations, All Pakistan Textile Mills Association, cotton arrival trends, cotton bales, current season, ginning factories, Karachi Cotton Association, last fortnight, Pakistan Cotton Ginners Association, revised production target, targeted cultivation area

The Pakistan's cotton arrival trends during last fortnight, showing above the market expectations, at least 422,738 cotton bales of 160 kilograms each reached ginning factories during the last fortnight, as per the industry data showed on Wednesday.

According to a consolidated statement of cotton arrivals in factories around the country till January 1, total cotton arrival at ginning stage has so far reached at 11.108 million bales, a seven percent increase in volume compared with the same period a year ago.

Related Keywords: All Pakistan Textile Mills Association, competitive business environment, Pakistan textile industry, textile exports

The Pakistan textile industry in a way to leverage their exports is trying to focus on providing a competitive business environment as the All Pakistan Textile Mills Association (Aptma)general secretary Anis-ul-Haq emphasized on the same.

He highlighted that structural balance and viability of industry is essential to compete with the regional competitors, including India, Bangladesh and Vietnam. He said pragmatic and export-led policies are required for industrial growth and enhancing the country’s exports.

Related Keywords: All Pakistan Textile Mills Association, announcing closing down, APTMA, cotton prices, delay in releasing refunds, global prices, higher cost of doing business, local markets, over dull attitude of the government, slow and diminish trend, Textile mills, witnessed sharp drop

All Pakistan Textile Mills Association (APTMA) after announcing its decision that they are closing down their textile mills over dull attitude of the government, delay in releasing refunds and higher cost of doing business, the local markets witnessed sharp drop in cotton prices.

The chairman Cotton Ginners Forum, Ahsanulhaq from Rahim Yar Khan said that on the first day of trading session at cotton market, the cotton prices dropped sharply by Rs 300 to Rs 6100 per maund.

Related Keywords: All Pakistan Textile Mills Association, APTMA, before the federal budget, called for announcement of relief package, called for making indirect exports eligible under LTFF, crisis-hit textile sector, exporters on realisation of export proceeds, Khyber Pakhtunkhwa zone, payments of drawbacks on taxes, prime minister’s export-led growth package

All Pakistan Textile Mills Association (APTMA), Khyber Pakhtunkhwa zone, has called for announcement of relief package for the crisis-hit textile sector before the federal budget 2017-18.

Related Keywords: All Pakistan Textile Mills Association, BoI, collaboration with different chambers of commerce, FDI flow, focus on textile and steel industries, organize road shows, Pakistan Board of Investment, stimulate foreign direct investment

The Board of Investment (BOI) to stimulate foreign direct investment (FDI) flow into the country with focus on textile and steel industries in collaboration with different chambers of commerce and All Pakistan Textile Mills Association (Aptma) will be organizing road shows.

Under the new work plan, road shows will be held in China, Germany and other major economies in coming months, said BOI spokesman Shah Jahan.

They expect huge foreign investment from different groups because of prudent policies, believing foreign investors were keen to invest in Pakistan.

Related Keywords: All Pakistan Textile Mills Association, avail duty free market access, Chinese investment invited for Joint Ventures, delegation of textile groups from Tianjin city of China, headed by Tianjin People’s Association for Friendship with Foreign Countries, Pakistan textile industry, under the GSP Plus facility, Vice President Chen Wieming

All Pakistan Textile Mills Association (Aptma) Aamir Fayyaz during his presentation to a delegation of textile groups from Tianjin city of China headed by Tianjin People’s Association for Friendship with Foreign Countries Vice President Chen Wieming. On the occasion Chinese investment were invited for Joint Ventures (JVs) in textile industry.