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Aptma rejects imposing regulatory duty on import of cotton from India

Related Keywords: APTMA, better quality cotton seed to the growers, import of cotton from India, industry facing acute shortage of cotton, introduction of modern technology, local market flooded with imported yarn and fabrics, produce more cotton instead of other crops, provide incentives, reexamine Cotton Research Institutions, rejects imposing regulatory duty

The recommendation of Senate Standing Committee on National Food Security and Research to impose regulatory duty on import of cotton from India through Wagha Border has been strongly rejected by All Pakistan Textile Mills Association (APTMA) as the industry is facing acute shortage of cotton resulting in the local market flooded with the imported yarn and fabrics.

Textile and clothing sector to get Rs.64.15 incentives to boost exports to $26 bn by 2019

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.

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