Pakistan to set up 100-acre ‘weaving city’ in Faisalabad

2018/07 30 11:07

The first weaving city in Pakistan will be set up in Faisalabad’s M3 Industrial Estate. A memorandum of understanding (MoU) regarding this was signed recently between the Faisalabad Industrial Estate Development and Management Company (FIEDMC) and the All Pakistan Cotton Power Looms Association (APCPA) at the Faisalabad Chamber of Commerce and Industry (FCCI). The weaving […]

Pak govt urged to restore associations’ role in DDT claims

2018/07 19 13:07

Pakistani value-added textile industry recently urged the caretaker minister for commerce and industry Mian Misbah-ur-Rehman to restore the role of associations, the elected representatives of exporters, in the transparent disbursement of refunds. The government will soon notify the extension of duty drawback of taxes (DDT) under the Prime Ministers Export Package. The package was extended […]

Pakistan imposes 2% duty on import of cotton, yarn

2018/07 12 10:07

A 2 per cent customs duty was recently imposed by Pakistan’s Federal Board of Revenue (FBR) on import of cotton and yarn to encourage use of the local crop and save foreign exchange reserves. The duty goes into effect from July 15. The board also withdrew exemption of additional customs duty on import of basic […]

Archroma to work with UET, Lahore

2018/06 17 15:06

Courtesy: Archroma Archroma, a global leader in colour and specialty chemicals, is collaborating with the University of Engineering & Technology (UET), Lahore, Pakistan. The two have signed a Memorandum of Understanding (MoU) in this connection which will pave way for cooperation initially for a five-year period. The partnership will explore innovations in textile research. The […]

APTMA rejects textile package extended by ex-Pakistani Govt

2018/06 17 15:06

The All Pakistan Textile Mills Association (APTMA) has rejected the textile package extended by the previous government, saying that would reverse the 15 per cent exports growth. Though the previous government had assured that rebate would be offered on indigenous materials, the extended package offers that benefit on Indian products as well, said APTMA. The […]

Archroma, Montega to support Pakistani garment sector

2018/06 17 15:06

Courtesy: Archroma Archroma, a global leader in colour and specialty chemicals, and Montega S.r.l., Italy, have announced collaboration with the intention to support the standards of the fast-growing garment and apparel industry in Pakistan, particularly in the denim segment. The joint efforts will focus on fostering excellence in the finishing of garments. Archroma will now […]

Pak ministry proposes extension to PM package for 2018-19

2018/04 22 05:04

Pakistan’s textile ministry has reportedly proposed extending the prime minister’s export package worth Rs 180-billion to the next fiscal, which starts this July. The suggestion was said to be part of the ministry’s budget proposals. Announced in January 2017, the package’s first part ended on 30 June last year and the second part will conclude […]

Pakistani textile exporters’ delegation meets PM adviser

2018/01 31 06:01

A Pakistan Textile Exporters Association (PTEA) delegation led by its chairman Shaiq Jawed met adviser to the prime minister on finance Miftah Ismail recently to discuss issues related to textile exports in the country and requested him for fast processing of tax refund and drawback cases to resolve liquidity issues faced by exporters and manufacturers. […]

Pak govt, stakeholders blamed for cotton produce decline

2018/01 31 06:01

Experts in Pakistan recently attributed the decline in cotton production in the last decade to the indifferent approach of stakeholders and decision makers. In a seminar, they blamed the food security ministry, fertilizers and pesticide firms, tax authorities and the All Pakistan Textile Mills Association for lower per bale cotton price and per hectare yield. […]

Pakistan to provide cheap gas to textile industry

2018/01 29 08:01

Gas prices would be decreased further for the textile industry to reduce the cost of production to the maximum extent possible, Pakistani state minister for finance Rana Muhammad Afzal Khan recently told a meeting of the All Pakistan Textile Processing Mills Association (APTPMA) in Faisalabad. Electricity will be provided at a rate of Rs 7 […]

Pakistan’s FBR withdraws sales tax, duty on cotton imports

2018/01 29 08:01

Pakistan’s Federal Board of Revenue (FBR) recently withdrew 5 per cent sales tax and 4 per cent customs duty on cotton imports following a government order. The country’s textile sector will avail the benefits on imports of raw and ginned cotton retrospectively from January 8, a FBR notification said. The move, however, was resented by […]