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APTMA calls for a sound and stable business environment

Related Keywords: APTMA, daily loss, energy crisis, foreign earning, international market, Punjab textile industry, shipment, trade and economic development, uncertain political crisis

All Pakistan Textile Mills Association has called the country’s current uncertain and unstable political crisis more critical than the persistent energy one. Although, the government is working to resolve the energy crisis and the law-and-order situation as priorities because energy and other problems hinder trade and economic development.

Pakistan textile industry’s growth hit over energy crisis and stalled liquidity

Related Keywords: APTMA, energy crisis, Federal policy 2014-19, Pakistan textile industry, sales tax refunds, stalled liquidity, structural imbalance, textile growth

All Pakistan Textile Mills Association (Aptma) has urged the government to ensure uninterrupted electricity supply to textile industries and speedy processing and liquidation of sales tax refunds.
 
The textile industry’s sustainability and growth are being damaged due to constriction in energy supply and liquidity crunch, said Yasin Siddik, central chairman of Aptm.
 
Energy supply constraints have led to forced closures of production capacities to the extent of 40 to 50 percent.
 

Import of spinning machinery soar despite power shortages in Pakistan

Related Keywords: acute power shortage, APTMA, ITMF, Pakistani spinning industry, shuttle-less looms, Spinning machinery import, surplus yarn

The surge in spinning machinery import witnessed in Pakistan. Although the All Pakistan Textile Mills Association claims that around 100 spinning mills in the country have closed down as the spinning industry is facing acute power and energy shortage.
 
But spinning industry in Pakistan has registered the highest addition of spindles in the past six years, adding 546,000 spindles during 2013, according the International Textile Machinery Federation (ITMF).
 

Pakistan govt policies fail to encourage textile sector in last five years

Related Keywords: APTMA, electricity and gas tariff, govt policies, import duty on raw material, Pakistan textile industry, sales tax refund, textile export, uninterrupted energy supply

The All Pakistan Textile Mills Association (Aptma) on Friday appreciated the overall increase in textile exports, which went up by 3.9 percent, but expressed trepidation over decline in exports to the rest of the world other than the European Union. This decline could have been avoided if the government addressed the issues, which resulted in the decline.
 

Pakistan textile industry faces setback over import of specialized manmade fibre

Related Keywords: acrylic, APTMA, fabric waste, import duty, manmade fibre, Pakistan textile industry, raw material, viscose

All-Pakistan Textile Mills Association (Aptma) has drawn the attention of the Federal Minister for Textile Industry Abbas Khan Afraidi towards the duty of five percent still imposed on imports of specialized manmade fibre, such as viscose, acrylic, bamboo, lycra and slub due to which the industry is facing problems. Aptma Chairman Mohammad Yasin Siddik, in a letter to the minister, has stated that Pakistan has no plants for producing specialised manmade fibre.

APTMA focus expanding BCI cotton to boost textile exports

Related Keywords: APTMA, BCI cotton, Better Cotton Initiative, Export development fund, Pakistan cotton industry, textile export

Pakistan with around 163000 metric tonnes of cotton grown and processed with Better Cotton Initiative (BCI) is Textile industry is currently the leading producer of BCI cotton and is planning to further, undertake an initiative to broad-base the Better Cotton Initiative (BCI) cotton production. In order to make the initiative sustainable and expand it to maximum areas of cotton production is preparing a proposal to the Ministry of textile Industry for funding the project from the Export Development Fund (EDF).

APTMA claims Punjab textile industry in strain

Related Keywords: APTMA, Pakistan textile, spinning, weaving

With the claim of APTMA (All Pakistan Textile Mills Association) of the closure of 25 spinning and weaving factories as well as production of firms demoted by nearly 33%, it is sure for the Punjab province to face a crucial term in the nearing months.

The growing tension in the textile industry is basically due to dissatisfaction of increasing prices and decreasing supply of basic amenities. Electricity rates increased in September last year and 70 % gas cuts were imposed to the factories in Punjab.

Surge in rupee value putting textile exporters in loss, demand for 10% rebate

Related Keywords: APTMA, Pakistan textile exporter, rebate

The All Pakistan Textile Mills Association (APTMA) upset with the sudden surge in rupee value against dollar moreover it is continuing to raise disconcerting textile exporter’s business headway. They have urged the government to fix the rupee dollar parity to shield exporters from exchange losses and pay them 10% rebate against inventory looses incurred by them due to this.

The demand to pay 10% rebate will on business deals which the textile exporters had done during the period March-September 2013. As they get export payments after a gap of 90-120 days.

Punjab textile mills facing power supply issue

Related Keywords: APTMA, Textile mills

Punjab based textile mills once again facing power supply issue affect production. Minister for Water and Power Khawja Muhammad Asif being urged to provide uninterrupted power supply to the textile mills based in Punjab on independent feeders so as to avert negative impact on the textile supply chain due to sudden disruption of gas supply on the SNGPL network, by APTMA Punjab Chairman SM Tanveer.

Pakistan geared up to increase its textile exports by $3bn

Related Keywords: APTMA, Pakistan, textile exports

All Pakistan Textile Mills Association (Aptma) doing its homework before committing to the government to raise the textile exports, which suffered in the past because of various reasons, including power shortage, high markup and limited market access.
According SM Tanveer, chairman of Aptma, Pakistan is all set to increase its textile exports by three billion dollars this year with textile sector having improved its production capacities over the last few years.

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