FAISALABAD: A comprehensive strategy is imperative for immediate revival and sustained development of the textile sector.
This was stated by Engineer Ahmed Hassan, acting president Faisalabad Chamber of Commerce & Industry (FCCI), while addressing a meeting, called to discuss the problems confronting the textile sector here on Thursday.
He said that the existing power-looms should be upgraded in order to switch over to technical textile in addition to producing traditional cheap grey cloth.
“The old, obsolete and depreciated machinery should also be replaced to increase the profitability of power-loom owners. However, comprehensive value addition in the shape of fashion garments is necessary to earn optimum profit from the textile chain,” he said and added that it is the last stage of cotton that could bring maximum profit.
