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Related Keywords: All Pakistan Bedsheet and Upholstry Manufacturers Association, carpets, Drawback of Local Taxes and Levies, hike in exports, leather, sports goods, surgical goods, Textile, textile and non-textile sectors of Pakistan, textile producers, textile sector

All Pakistan Bedsheet and Upholstry Manufacturers Association Chairman Syed Muhammad Aasim Shah has praised the Economic Coordination Committee (ECC) for extending the export package worth Rs 195 billion for the next three years, saying it will help enhance the country’s export receipts. The package is aimed at improving competitiveness of textile and non-textile sectors of Pakistan in a bid to increase the pace of growth in exports in coming financial years.

Related Keywords: development of textile industry, Drawback of Local Taxes and Levies, exports picking up, federal government has already paid Rs three hundred million, given to textile industry every year for next five years, government of Sindh to allot land, Long Term Financing facility, release tax refund, Textile City to be established soon in Karachi

Federal Secretary for Textiles Ministry Amir M Khan Marwat addressing a meeting at the Federation House organized by the Standing Committee on Textile Apparel of the Federation of Pakistan Chambers of Commerce and Industry said that a Textile City to be established soon in Karachi on government of Sindh allotting land for which the federal government has already paid Rs. 300 million.

The government is doing its best for the development of textile industry as this is an important industry providing 40 percent industrial jobs and earning 60 percent foreign exchange.