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Related Keywords: among international buyers, attendance of international buyers from all over the world increasing, fashion industry of Pakistan, Fashion Pakistan Week, fashion trade, gaining popularity, opportunity to bridge between fashion houses and international buyers, Pakistan designers, Pakistan on the fashion map of the world, Pakistan textile industry

The 10th Fashion Pakistan Week 2016 spring summer is becoming an opportunity to bridge between fashion houses and international buyers as the fashion industry of Pakistan is gaining popularity among the international textile buyers as the attendance of international buyers from all over the world increasing.

The line-up for Day 2 included collections by the talented designer Zaheer Abbas, Jafferjees, textiles giant Gul Ahmed, men’s wear guru Amir Adnan, Huma Adnan, creative Nauman Arfeen, young and budding designer Zainab Salman and Ayesha Farooq Hashwani.

Related Keywords: Bachaana stars Sanam and Mohib, inaugurates first flagship store, Lala Signature Series, Lala Textiles, leading clothing brand of Pakistan, Pakistan textile industry, sixty six year of business

Lala Textiles is Pakistan’s leading clothing brand being ranked at a good position in the textile industry since its establishment back in 1947 has choosing the busiest day of the week to inaugurate their first flagship store in 66 years and bringing in stars of the moment.

Related Keywords: advice process design and curtail its costs, B2B meetings, business generating events, experienced Japanese buyers, JTIA, networking reception, organized by JICA, Pakistan Japan Textile Day, Pakistan textile industry, production management techniques, TDAP, upcoming Japanese textile deleagation to Pakistan, workshop and seminar

Pakistan Japan Textile Day was organised by The Japan International Cooperation Agency (JICA) and Trade Development Authority of Pakistan (TDAP) on October 12, 2015 with several business generating events for the Pakistan textile industry such as workshop/seminar, B2B Meetings, Networking Reception in Lahore for the upcoming Japanese textile delegation to Pakistan. The delegation comprises experienced Japanese buyers.

Related Keywords: China leading consumer of cotton, contribute great deal to foreign reserves, cotton exports, hit pakistan cotton trade, Pakistan textile industry, to release government stock

China is the world’s leading consumer of cotton, with an annual consumption of some 34 million bales as per USDA estimates seeks to release its government stocks, rather than rely on imports. For Pakistan this is a bad news, considering the importance of the Chinese market to their cotton industry.

Related Keywords: cotton business, drop in prices, dull in Pakistan, Ginners, lint price, new crop cotton stock, Pakistan textile industry, raw cotton, value of seed cotton

Cotton business remains dull in Pakistan with further drop in prices and not much stocks of new crop cotton (2015-16) remain unsold with ginners. This week cotton market witnessed a decrease in the value of seed cotton prices by about Rs 100 per 40 kgs, while lint prices dropped by Rs 100 to Rs 150 per maund (37.32 kgs).

Related Keywords: cash subsidy, cotton to ginning, dyeing and finishing made ups and garments, important manufacturing sector, inherent potential for value addition, longest production chain, Pakistan textile industry, provide incentives, spinning fabric, textile policy, to boost exports

The Pakistan textile industry is the most important manufacturing sector having longest production chain with inherent potential for value addition at each stage of processing, from cotton to ginning, spinning, fabric, dyeing and finishing, made -ups and garments. Under the textile policy, incentive of Rs. 64.15 billion cash subsidy to textile and clothing sector will be provided to boost exports to $ 26 billion by 2019.

Related Keywords: affecting the textile units, APTMA, cost of doing business increasing, electricity tariff investment climate, incur losses, Pakistan textile industry, punitive withholding tax regime, regional competitors, system inefficiencies, voluntarily close down mills

The Chairman of the All Pakistan Textile Mills Association, Mr S.M. Tanveer had called for an emergency meeting of Aptma’s general body to deliberate on the adverse circumstances and found it not viable to incur losses by operating mills partially. Mr Tanveer said on Sunday that the association had decided to ‘voluntarily’ close down the textile industry because of the losses it had been suffering.

The Aptma chairman had appealed to the government to save the textile industry from collapse and save jobs of a 10 million-strong workforce.

Related Keywords: All Pakistan Textile Mills Association (APTMA), current fiscal year, FOB price, import duty, Pakistan textile industry, polyester staple fiber (PSF), world dependence on Polyester

Pakistan’s textile industry which is the largest manufacturing industry in the country and contributes about 8 % to its GDP is becoming “unviable” in terms of export of yarn and fabric said the All Pakistan Textile Mills Association (APTMA) Chairman S.M.Tanveer.

The industry growth has become stagnant due to non-diversification since long. He further highlighted that the world dependence on Polyester is around 70% at present against merely 19% in Pakistan. This situation has made it difficult for local industry to find place in the world market.

Related Keywords: cotton prices on rise, delay in arrival of next crop, due to late sowing, KCA. spot rate, over dwindling cotton socks, Pakistan textile industry, presently in distress, quality lint

The Pakistan textile industry as a whole is presently in distress over dwindling cotton stocks and expected delay in the arrival of next crop due to late sowing of new crop (2015-16), according to brokers.

Continual demand for quality lint and running down with cotton stocks in the country pushed the cotton prices up on Thursday.

Ginners on the other hand are in no hurry to dispose of their stocks in anticipation of getting even higher prices. They entertained only those bids which had been called at higher rates.

Related Keywords: Afghan Transit Trade, APTMA, chairmand S M Tanveer, cleared by Customs, due to presence of second hand, immediate remedial measures, imported products, in domestic market, incurring loss, Pakistan textile industry, price as low as for fibre or cotton, smuggled textile and clothing, to revisit the customs policy

Pakistan textile industry is incurring an annual loss of around $6 billion due to the presence of second-hand, smuggled textiles and clothing in the domestic market. Out of 10kg per capita consumption, the textile industry gets a share of only 3kg per capita while rest is grabbed by second hand, smuggled and imported textiles and clothing products that have entered into the domestic market, according to All Pakistan Textile Mills Association (APTMA) Chairman S M Tanveer.