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PPYMA appeal to reduce custom duty on polyester filament yarn

Related Keywords: appealed to save polyester filament fabric industry, does not meet, inefficient and outdated domestic PFY, Pakistan Yarn Merchants Association, PSF production, reduce custom duty on polyester filament yarns, Representatives of Pakistan textile industry, total demand of Pakistan

Representatives of Pakistan's textile industry and the Pakistan Yarn Merchants Association (PYMA) has appealed to Prime Minister Nawaz Sharif, Finance Minister Ishaq Dar, Commerce Minister Khurram Dastgir Khan to help save the polyester filament fabric industry from further disaster.

Around 300,000 knitting machines and looms have suspended operations during the last five years, resulting in directly and indirectly affecting a total of around 5 million people, Danish Hanif, chairman PYMA (Sindh-Balochistan Zone), said in the statement.

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