Page 17 - July-August-2018
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MIX   COMUNICAZIONE - MI
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 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





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