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Related Keywords: 000 looms, 90, Acetate rayon yarn, acrylic, acrylic yarn, blankets, carpets, clothing brands, Cotton Export Corporation of Pakistan, fabric, fabrics, nylon, nylon filament yarn, polyester, polyester filament yarn, polyolefin, shawls, silk, synthetic fibers, textile commodities, textile manufacturing, Textile mills, textile sector, woolen yarn

Pakistan is the 8th largest exporter of textile commodities in Asia and textile sector contributes 8.5% to the GDP of Pakistan. The total textile sector exports reached $7.72bn value-wise in July-January 2018 versus $7.2bn in the corresponding period of last year, reflecting an increase of 7.18 pc.

Related Keywords: handicraft sector, handloom sector, rebate, Textile Industry, woolen yarn

Union Minister for Textiles K S Rao has announced 10 percent rebate on purchase of yarn, which was only available for handicraft sector, shall be now available on purchase of woollen yarn as well to promote handloom sector in the country.

Responding to the demand of handloom weavers, the announcement comes in, at the need of the hour to make handicraft market driven conforming to the fast changing consumer tastes and liking.