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PRGMEA urge govt to abolish duties on yarn import

Related Keywords: abolish duties on yarn imports, bridging gap, Chief Coordinator PRGMEA, consumption, encourage value addition, heavy import duties on raw material, high energy cost, Pakistan apparel industry, production, reduce cost of doing business, shortage of cotton yarn, suffering low productivity

Pakistan apparel industry is suffering with low productivity due to shortage of cotton yarn, high energy cost and heavy import duties on raw material. Chief Coordinator Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Ijaz A Khokhar on Friday talking to media appealed the government to abolish duties on yarn imports for encourage value addition, reduce cost of doing business and bridging gap between production and consumption.

Pak apparel industry facing yarn shortage not able to take int’l order

Related Keywords: artificial shortage of cotton yarn, created by spinning, facing severe cotton yarn shortage, further price hike, ginning industry, holding stock, immediate removal of regulatory duty, international buyers planning to place orders for Christmas, local garment industry, not entertaining buyers, Pakistan apparel industry, PRGMEA, price factor

Pakistan apparel industry has been facing severe shortage of cotton yarn at a time when international buyers are planning to place orders for Christmas. The local garment industry due to price factor and especially owing to artificial shortage of cotton yarn created by the spinning as well as ginning industry, which are holding stock in the hope of further price hike, are not able to entertain the international buyers, said Pakistan Readymade Garments Manufacturers & Exporters Association (Prgmea) chief coordinator Ijaz Khokhar.

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