News Tags

Related Keywords: aggressive Indian marketing, All Pakistan Textile Mills Association, APTMA, India to Pakistan, international textile arena, massive subsidies, Ministry of Textile Industry, yarn import

All Pakistan Textile Mills Association (APTMA) has approached the Ministry of Textile Industry to take consequent and reciprocal measures by providing level playing field to compete with the international market place and immediately impose safeguard measures on import of Indian yarn into Pakistani commerce to stop the attrition of competitiveness of domestic textile industry.

Related Keywords: APTMA, Global Textile Market Outlook, joint declaration, labour laws and implementation, Pakistan textil summit, PM Nawaz Sharif, PTEA, sustainability of Textile Sector, textile industry in Pakistan, Textile Ministry, textile sector

The first Pakistan Textile Summit that is jointly organized by the textile ministry, All Pakistan Textile Mills Association (Aptma) and Pakistan Textile Exporters Association (PTEA) is scheduled to be held at a local hotel on November 27 (Tomorrow).

The summit will have detailed discussions on the challenges being faced by the textile sector. There will be three sessions -- Textile Industry in Pakistan, Global Textile Market Outlook and Sustainability of Textile Sector.

Related Keywords: APTMA, BCI, BCI’s Strategic Plan, Better Cotton Initiative, consumption of BCI cotton, global cotton production, increase market access, MoU, Pakistan cotton industry, textile products

To improve the quality of cotton production in Pakistan, the All Pakistan Textile Mills Association (Aptma) has signed a Memorandum of Understanding (MoU) with Better Cotton Initiative (BCI) on Friday. The MoU will supplement the efforts for mainstreaming production and consumption of BCI cotton in Pakistan.

The initiative also aims in achieving sustainability targets and increase the market access for textile products from Pakistan.

Aptma will be the Programme Promoting Agency within Pakistan to promote the initiative in line with the BCI’s Strategic Plan for the country.

Related Keywords: APTMA, Discos, electricity distribution companies, full uninterrupted electricity supply, gas shortage, large-scale manufacturing output, load management plan, Pakistan exports, power generation from thermal stations, Punjab’s troubled textile industry, Sui Nor¬thern Gas Pipelines Limited

Pakistan exports during the first four months of the current fiscal year declined by about 5.2 per cent, compared to the same period last year as large-scale manufacturing output remained flat at 4.2pc against 4.3pc, according to the finance minister.

The water and power ministry directed all electricity distribution companies (Discos) to immediately implement the plan for full uninterrupted electricity supply to Punjab’s troubled textile industry as desired by the prime minister, who is in London on an official visit.

Related Keywords: APTMA, conduct research study, finest textile product, IBA, increase market share, Indian, initiative on trade, Pakistan, Pakistan textile industry, policymaker, regional competitiveness, regional integration, South Asia, Textile and Clothing industry, World Bank

The Institute of Business Administration (IBA) to conduct research study under the regional competitiveness initiative on trade between Pakistan and India in the textile and clothing industry. The research project will be sponsored by All Pakistan Textile Mills Association (Aptma) and the World Bank.

The team consists of prominent economists and experts on the textile sector and from the field of international trade. IBA is conducting this research work in the national interest of Pakistan.

Related Keywords: acute energy shortage, APTMA, currently fnancial year, domestic consumer, energy supply, industrial tarifff, no new investment, Pakistan government, Pakistan textile sector, prioritizing, Punjab textile industry, S M Tanveer, shut down, suspension of gas, textile exports loses to $2.2 bn, Textile Industry

The Punjab-based textile industry, which contributes 70% of the total textile sector of Pakistan, fears that if the sector is not given supply of energy, the textile exports loses will go up to $2.2 billion over the rest of current financial year, said Central Chairman SM Tanveer of All Pakistan Textile Mills Association (Aptma).

Overall textile exports of Pakistan in six months between April and September shows that the country has already lost $1.2 billion on the account of acute energy shortage in Punjab, which is an alarming sign.

Related Keywords: APTMA, Pakistan textile industry, Technical textile, Yantai Chamber of Commerce

Head of Yantai Chamber of Commerce, China Du Yonggang during a visit to APTMA Punjab on Thursday said that the visit of Chinese delegation to APTMA has improved understanding of Pakistan’s textile industry among Chinese businessmen.

He expressed the hope that Chinese prospective investor will analyze the information provided by APTMA and decide undertaking investment in Punjab. Various industry projects including technical textile could be the prospective future cooperation between China and Pakistan.

Related Keywords: APTMA, boost textile export, China demand, cotton farmers, foreign market, lower cotton acreage, Pakistan textile industry, phutti rates, revival in yarn

The revival in yarn demand from China is a good omen for the Pakistan textile industry giving a boost to textile exports. The resurge in yarn demand has come as a sign of relief for the exporters who were worried over the waning global demand during the past one year, according to Seth Akber, senior vice chairman of All Pakistan Textile Mills Association (Aptma).

Related Keywords: APTMA, business activities, development of textile sector, Khyber Pakhtunkhwa province, Kohat Textile Mills, Pakistan textile mills, Saif Textile Mills Ltd

The All Pakistan Textile Mills Association is making efforts that the government should pay special attention to the promotion of business activities and especially on the development of textile sector in the Khyber Pakhtunkhwa province, as terrorism and natural disasters has played havoc with the economy of the province leaving it far behind in the development.

Aptma on Tuesday called for the announcement of special relief package for the rehabilitation of terrorism and natural disasters affected businesses of Khyber Pakhtunkhwa.

Related Keywords: APTMA, cotton farmers, employment, energy, exports, load shedding, Punjab textile industry, textile industry circles, textile workers

The Punjab based textile industry needs immediate attention of the government, as continuity of the industry wheel can be the only way forward of growth, employment and exports of country for which both energy affordability and security must be ensured at all costs.