More export orders, short raw material put garment sector in troubles.
LAHORE -- Pakistan Readymade Garments Manufacturers and Exporters Association has said that a huge number of export orders are being received by the value-added garment industry, however, exporters are unable to finalize them due to unavailability of fabric, especially the denim fabric in the country.
PRGMEA (NZ) vice chairman Adeeb Iqbal urged the government to also abolish duties on the import of fabrics as well as the denim fabric in line with the import relaxation provided on import of cotton yarn, as value-added garment sector is facing severe shortage of basic raw material of fabrics, which may lead to a drastic decline in value-added textile export.
He said that it was the right decision to remove Regulatory Duty on import of cotton yarn, which will accelerate the country's textile exports but unfortunately the garment, which is the...
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