Pakistan government will help the textile industry enhance capacity to boost exports. Value addition in the textile sector is top priority. The aim is to raise exports from the current $13 billion to $26 billion per year. The government will shift focus from exporting raw material to value added products as this approach would not only boost the economy but also help create millions of new employment opportunities in the country.

For increasing production of value-added products in the country, the government will also provide training to 1,20,000 people who will get a stipend during their training period. The government would provide uninterrupted gas and electricity to the textile sector which would help enhance overall exports in this sector. There will be 12 hours’ gas supply to the sector in winter and 24 hours of uninterrupted power supply besides a reduction in the power tariff.

After the availability of GSP Plus, exports of Pakistan’s value-added sector to the European Union had increased by 21 per cent. In the new Textile Policy 2014-19 Rs 64.15 billion was proposed for the next five years against an allocation of Rs 188 billion for the last textile policy of 2009-14.