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Pakistan’s textile industry suffers due to high cost of business

Related Keywords: clothing export, cost of doing textile business, cotton fabric export, cotton yarn in Pakistan, Pakistan’s textile industry, Textile Mills Association, textile value chain, yarn export

High cost of doing business has started hitting textile industry of Pakistan severely as further closure of operations of the textile mills have been reported to the association, said Tariq Saud, Chairman of All Pakistan Textile Mills Association (APTMA).

In November 2015, exports of cotton yarn and cotton fabric declined by 45% and 22%, respectively against the corresponding period in quantitative terms, which is an overall decline by 15% in value.

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