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Pakistan textile export declining at an alarming level

Related Keywords: address the problems of value added textile industry, burdened with multiple taxes with high cost of inputs, electricity, intervene and frame a policy, Pggmea, raw material, reduction in input costs, sharp drop in exports, tariffs of gas, urged Pakistam prime minister

Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) Chief Coordinator Ijaz A Khokhar urged the prime minister to intervene and frame a policy for a reduction in input costs, otherwise industrial units would not only close down, but millions of workers would also lose their jobs. The government need to address the problems of the value added textile industry sector on an urgent basis as there is a sharp drop seen in the current exports of textile and clothing during the first four month (July-October) of 2015 which may widen further in the next quarter.

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