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APTMA to formulate task force to achieve double-digit growth of textile industry

Related Keywords: achieving double-digit growth of textile industry, APTMA, bring rupee at its realistic value, concern ofer steep fall in textile exports, constituted task force, depreciating euro, reduce cost of doing business, restoration of viability of the textile, sustainability and way forward, undertake investment initiatives

The central body of APTMA expressing concern over the steep fall in textile and clothing exports of 16 percent in the month of March due to depreciating Euro has constituted a task force to deliberate upon the gravity of situation, which is squeezing fast the viability of the industry by and large and impacting its exports negatively.

The APTMA task force on “sustainability and way forward” has a strong representation of all sub-sectors including spinning, weaving, processing, home textiles, knitwear, woven garments, towels and synthetic textile.

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