Related Keywords: energy for the textile sector, establishment of garment-weaving cities, Federal Minister for Textile Industry, ginning institute, infrastructure projects, Pakistan new textile policy, textile exports
The new textile policy of Pakistan which carries measures to increase country’s textile exports to $26 billion by the year 2019 is yet to get approval. It’s being delayed despite the fact that textile exports showed negative growth during the first quarter of the current year.
A well-placed source in the ministry of textile industry said that the five-year textile policy will carry support schemes worth Rs85bn in a period of five years. The new policy will be effective from July 1 focusing on value-addition.
