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Govt to achieve $35b exports by 2018 taking effective steps on all fronts

Related Keywords: achieve ambitious export target, bring down industrial costs for the value-added textile sector, by next year, exploring every aspect under a multi-pronged strategy, improve the trade situation, Pakistan government, taking effective steps on all fronts, US dollar thirty five billion, zero-rated sales tax regime for top five textile sectors

The Pakistan government to achieve its ambitious export target of US dollar 35 billion by 2018 is taking effective steps on all fronts and also exploring every aspect under a multi-pronged strategy .

Monthly exports in Pakistan over the last few decades averaged at Rs38.82359 billion (USD 0.37 billion), reaching an all time high at Rs 275.483 billion (USD 2.63 billion) in September 2013. Pakistan’s main export partners are: 13.6 per cent United States,11 per cent China, 8.5 per cent each to United Arab Emirates and Saudi Arabia.

Gujarat textile policy to attract 20,000 cr investment by 2017

Related Keywords: apparel park coming up in Surat, approval for interest subsidy and value-added tax power rate subsidy, attract twenty thousand crore investment, by next year, generate jobs, ginning and technical textiles, Gujarat textile policy, house forty two manufacturing units, Made ups, new jobs, processing, spinning, textile units got approval in weaving

Gujarat's textile policy 2012 plan to attract around Rs 20,000 crore investment and 2.5 million new jobs by 2017, so far under the policy, 549 textile units have got approval and attracted investment worth Rs 9,208 crore through varied units such as weaving, made-ups, processing, spinning, ginning and technical textiles.

The latest nod is for a textile and apparel park coming up on 62 acres in Surat and will house 42 manufacturing units and generate 1,900 jobs. So far, 12 such parks have received in-principle nod.

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