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Tag Archives: textile exports

Bangladesh plans to raise textile export to $50b by 2021

DHAKA: President of Bangladesh Textile Mills Association, Tapan Chowdhury, said in a statement that Bangladesh has planned to raise its ready-made garments and textile exports to $50 billion by 2021. Bangladesh, the world’s second largest cotton importer, has invited buyers and sellers to a two-day global summit from next Friday to help support its textile and clothing exports. The sector ... Read More »

6.86pc overall decline: Textile exports fall 1.54pc to $4.6b against $4.7b

ISLAMABAD: Crippling energy crisis and uncertain political scenario pushed the country’s textile exports by 1.54 percent during July-October (Four months) of the financial year 2014-15. The textile exports stood at $4.6 billion during July-October 2014-2015 as against $4.7 billion in the corresponding period last year, showing a decline of 1.54 percent, according to the Pakistan Bureau of Statistics (PBS). After ... Read More »

Textile exports decline by 1.54% to $4.6b; overall exports cut by 6.86% to $7.98b in July-Oct

ISLAMABAD: Power crisis has forced the country’s textile exports further cut by 1.54pc from July to October of the current fiscal year to $4.6 billion as compared to $4.7 billion of the same period of the last year. As per the Pakistan Bureau of Statistics (PBS) data, the country’s overall exports have decreased by 6.86 per cent in July-October to ... Read More »

Ist FTB meeting: Afridi reiterates textile industry uplift

ISLAMABAD: Federal Minister for Textile Industry Abbas Khan Afridi said that the Ministry of Textile Industry was determined and will spare no effort for the uplift of textile sector. The Federal Minister for Textile stated this while chairing the first meeting of Federal Textile Board (FTB) after its reconstitution in July 2014 in Ministry of Textile. The minister assured the ... Read More »

RDA finalizes draft of revised textile bill

ISLAMABAD: The Research Development and Advisory cell of textile ministry has prepared a bill envisaging wide-ranging measures to encourage value-addition in textiles and to give rights to Textile Ministry for legislation about promotion of textile exports. The bill enabled the ministry to raise standards, store and enhance exports quality of textile goods of country. Previously, RDA prepared an act for ... Read More »

GSP status boosts textile exports to $13.74b

ISLAMABAD – Textile exports surged to $13.74 billion during previous financial year 2013-2014 mainly because of the GSP Plus status granted to Pakistan by the European Union (EU). The country exported textile made commodities worth $13.74 billion during last fiscal year (July 2013 to June 2014) as compared to $13.05 billion of the preceding year (July 2012 to June 2013), ... Read More »

GSP+ boosted textile exports in FY14

LAHORE: Textile exports, amid all gloom and doom, showed encouraging growth of 3.9 percent year-on-year and reached $13.8 billion in fiscal year 2014 as against $13.3 billion during the corresponding period of last year. Most of the textile exports were to EU which surged by 18 percent on YoY and reached $5 billion in FY14. This was mainly due to ... Read More »

July-May: Textile exports up 5.96pc to $12.6b

ISLAMABAD: Exports of textile and clothing products witnessed an increase of 5.96 per cent in July-May 2014 from a year ago, mainly owing to a slight increase in export of value-added products. The export value of such products surged to $12.626 billion in the first 11 months of the outgoing fiscal year against $11.916 billion over the corresponding period of ... Read More »

Prudent policies boost exports significantly

ISLAMABAD: What is being attributed to the prudent policies of the incumbent government, export of the country increased significantly during the period July-March 2013-14. As a result of government steps, the textile exports increased by 8% generally, while exports in all value added categories showed higher increased i.e. bed wear by 21%, hosiery by 10% and readymade garments by 9%. ... Read More »

Govt urged to step in to arrest decline in exports

LAHORE: The textile exporters have expressed grave concern over the declining exports despite grant GSP Plus status by the European Union, saying that Punjab industry is heading for closure due crippling energy shortages. “Exports of the country are heading towards disaster as these slid by 14.47 per cent in April despite availability of GSP+,” said Pakistan Textile Exporters Association (PTEA) ... Read More »