Page 16 - July-August-2018

MIX COMUNICAZIONE - MI
16

APTMA

contribution to

Pakistan exports is VALUE ADDED SOLUTIONS

more than 50%

The All Pakistan Textile Mills Association (APTMA) marketplace. Already, the anti-export approach had
spokesman has said that being the premier textile witnessed decline of country’s exports from $35
industry association representing members from billion to $20 billion as on 2016-17. Unfortunately,
corporate sector and manufacturing and export of certain vested interest elements have started
textile and clothing products. APTMA members campaign against the exporting industry, generating
contribute more than 50 percent to the country’s foreign exchange, direct and indirect employment
exports, i.e. over $11 billion out total annual exports besides backward and forward linkages.
of $23 billion as on 2017-18.
Domestic industry can absorb the economic
Furthermore, he added that the textile industry has stringencies, but not the exporting industry which
a potential of adding another $24 billion to the competes with international competitors, he added.
exports on a fast track subject to provision of
enabling environment. Various non-textile exports Furthermore, he urged the government to steer the
also pass through the hands of APTMA members. economy out of woods with an active participation
of industry associations in order to set the priorities.
APTMA spokesman stressed the point that the The proposed Business Advisory Council should be
burgeoning gap of trade deficit can only be met represented by the export-oriented industry
associations to encourage new investment and
through devising an export-led growth policy. increase in exports, he stressed. INTEGRATED SPINNING TECHNOLOGY
Therefore, those advocating for the support of
domestic industry are not well-wishers of the APTMA spokesman said the prime minister should Roving frame, spinning frame and transport system
country as well as the government, as restoration of chair the Business Advisory Board on quarterly
competitiveness of export-led industry is a must to basis for overseeing the implementation of
regain the lost share in the international decisions and review performance thereof.

HIGH PRECISION OPENING END2END PRODUCTION AUTOMATED REMOTE INTEGRATED SPINNING
& CARDING SYSTEMS MANAGEMENT COMBING MAINTENANCE TECHNOLOGY

Marzoli Visit us A Camozzi Group Company
July/August 2018 Competence meets technology Hall 1 - Stand E01 www.marzoli.com

PG-SpiegaSMART2018 210x267_ENG_Banco_fiera.indd 1 09/08/18 19:46