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16% decline in March: Aptma constitutes task force to find out reasons behind cut in exports

byCustoms Today Report
27/04/2015
in Trade Associations
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LAHORE: The All Pakistan Textile Mills Association (Aptma) has constituted a task force to find out reasons behind the 16 per cent decrease in textile exports in March.

The APTMA Task Force on Sustainability and Way Forward has a strong representation of all sub-sectors, including spinning, weaving, processing, home textile, knitwear, woven garments, towels and synthetic textile. The central body has given mandate to Aptma Chairman SM Tanveer along with Gohar Ejaz as co-chairman of the task force to hold deliberations on the factors behind the prevailing alarming situation and suggest the way forward in terms of viability and sustainability of the industry.

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According to the Aptma spokesman, the task force will formulate a strategy document for the restoration of viability of the textile industry and to undertake investment initiatives for achieving double-digit growth of textile industry. He said that the economic managers and concerned ministries would be approached to secure enabling environment for sustainability and growth in domestic as well as the global market.

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