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Aptma urge for uninterrupted power supply to textile industry

Related Keywords: APTMA, DLTL, duty structure on MMF, exposed to euro, high cost of production, international market, Textile Industry, textile policy, TUFS, uninterrupted energy supply

All Pakistan Textile Mills Association (APTMA) has urged the government to ensure uninterrupted energy supply ahead of summer to textile industry in Punjab having witnessed a decline of 13 percent month-on-month basis as per the overall exports data for February 2015.

According to Aptma Chairman S M Tanveer, high cost of production is rendering textile industry uncompetitive in the international market place. Moreover, the competitors are being supported by government in terms of incentives, which is taking away Pakistan’ share in international market.

Pakistan govt policies fail to encourage textile sector in last five years

Related Keywords: APTMA, electricity and gas tariff, govt policies, import duty on raw material, Pakistan textile industry, sales tax refund, textile export, uninterrupted energy supply

The All Pakistan Textile Mills Association (Aptma) on Friday appreciated the overall increase in textile exports, which went up by 3.9 percent, but expressed trepidation over decline in exports to the rest of the world other than the European Union. This decline could have been avoided if the government addressed the issues, which resulted in the decline.
 

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