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Syed Ali Ahsan elected new chairman of APTMA

Syed Ali Ahsan is All Pakistan Textile Mills Association (APTMA) new chairman. He is the chief executive of Ashiana Cotton Products. His uncle was among the founders of APTMA in 1957.

He aims to focus on the revival of the industry and double exports in five years; ensure provision of regionally competitive energy, both electricity and gas, to the exporting industry; double infrastructure of garment plants; reintroduce the enhanced industrial credit allocation policy; and induce international brands and retail chains to source from Pakistan.

Naveed Gulzar of Crescent Cotton Mills and Asif Inam of Diamond International Corporation are central vice chairmen. APTMA is the premier national trade association of the textile spinning, weaving, and composite mills representing the organized sector in Pakistan. APTMA represents 396 textile mills, out of which 315 are spinning, 44 weaving and 37 composite units.

The total installed capacity of APTMA member mills accounts for 9,661,366 spindles, 61,608 rotors, 10,452 shuttle less/airjet looms and 1897 conventional looms. The association’s members produce spun and open-¬end yarn, grey, printed dyed fabrics and bed linen.

Pakistan wants to compete with regional competitors including India, Bangladesh, Sri Lanka and Vietnam for enhancing the county’s exports and achieving the target of economic stability and growth.

 

 
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