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Pakistan to introduce new policy for upliftment of the textile sector

 

The Pakistan Government will soon introduce a comprehensive wheeling policy to uplift the struggling textile sector in the country, said Sardar Awais Ahmed Khan in a meeting with the All Pakistan Textile Mills Association (APTMA).

During the meeting, APTMA officials voiced their concerns over the declining texting exports in the country that have escalated issues such as unemployment and poverty.

Assuring the delegation of the government's unwavering dedication to boost the textile industry, Khan highlighted ongoing endeavors to implement a comprehensive wheeling policy to enhance exports.

The Minister also emphasised on the Government's keen interest in introducing regionally competitive tariffs tailored specifically for the textile sector. This strategic approach by the government aims to unleash the sector's full potential and boost exports up to $2 billion.

Further, Khan highlighted the swift actions taken by the government to improve the operations of DISCOS (Distribution Companies), with the primary objective of providing immediate relief to the textile sector.

 
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