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Pakistan textile industry need to focus on value addition

Related Keywords: advised to focus on value addition, Commerce Secretary Younis Dagha, compared to neighbouring countries, compete in the international market, cost of doing business is higher, decline in exports, effluent treatment plant, lack of value addition major reason, Pakistan Hosiery Manufacturers and Exporters Association, Pakistan textile industry

Pakistan textile industry has been advised to focus on value addition to compete in the international market as lack of value addition is one of the major reason behind the decline in exports, said Commerce Secretary Younis Dagha on Wednesday while addressing an event hosted by Pakistan Hosiery Manufacturers and Exporters Association.

According to Dagha, cost of doing business is higher in Pakistan compared to neighbouring countries, but it is not the only hurdle in exports as they have not played their role in value addition… industrial production remains lower.

India’s woollen industry facing double whammy

Related Keywords: by forty eight percent, decline in exports, fabirc and made-ups, facing distress, fall in demand for woollen products, first quarter of current financial year, Indian woollen industry, Kashmir unrest has played a part, prices of raw materials increasing, Wool & Woolen Export Promotion Council, woollen garments by nine percent, Woollen yarn

India’s woollen industry is facing distress with decline in exports of woollen yarn, fabirc and made-ups by 48 percent and woollen garments by 9 percent in the first quarter of the current financial year, due to fall in demand for woollen products and prices of raw materials increasing, according to the Wool & Woolen Export Promotion Council.

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