As per details, APTMA Chairman Kamran Arshad has urged the Monetary Policy Committee to reduce interest rates by 400 basis points, stating that the high interest rate is a barrier to growth in the textile sector. Kamran Arshad highlighted that the effective interest rate of 10.6% is unsustainable for the industry, and urged the need […]
More than 300 exhibitors from 30 countries will present their products to an international trade audience. Alongside major, established machinery, chemicals, textiles, and equipment manufacturers, many new companies from sectors such as robotics and IT will also be represented. 11 Pakistani companies, including A. Essak & Sons Home Textiles, Adamjee Textile Mills, Huqas Apparel, J.K. […]
The textile exports from the country were recorded at US $4.520 billion during July-September (2024-25) against the exports of US $4.127 billion during July-September (2023-24), the Pakistan Bureau of Statistics (PBS) said. The textile commodities that contributed to trade growth included cotton cloth the export of which increased by 10.20 percent to $523.63 million from […]
Textile exports showed a decline of 3.09 percent from $1,311.650 million during the same month of last year (July 2023-24). The textile commodities that contributed to trade growth included tents, canvas, and tarpaulin the exports of which increased by 14.22 percent to $10.877 million during July 2024 as compared to the exports of $9.523 million […]
Chairman APTMA Asif Inam said that the expensive electricity has made exporting difficult. “We have pointed out the line of action,” he said. He demanded that the government initiate a forensic audit of the independent power producers (IPPs). He also urged for a hurried review of the contracts with the IPPs. He said capacity charges […]
In a prestigious acknowledgment of its steadfast commitment to excellence, Masood Textile Mills (MTM) has been recognized by “Asia Business Outlook” as one of the “Top 10 Most Promising Textile Companies in Asia 2023.” This accolade not only cements Masood’s position as an industry leader but also highlights the company’s significant contributions to the Asian […]
The production of cotton declines in the fiscal year 2021 to 5.57 Million Bales ( of 155 Kg per Bale) compared with the last year’s 8.48 Millin bales (of 155 Kg per Bale) during the same period. On the 3rd of February, 2020, the Pakistan Cotton Ginner Association (PCGA) released its arrival report showing a […]
The demand for Pakistan’s textile products has reached an all-time high, which has caused a demand-supply gap of approximately 700 million meters of cloth. The Faisalabad textile industry is facing the highest supply shortage in its history. The normal production capacity for the textile sector is 90 crore meters. However, despite the mills being operational […]
