APTMA demands ban on yarn, cloth imports under Export Finance Scheme
Over 120 textile mills shut down due to the removal of sales tax exemption on local supplies, APTMA urges government to reinstate EFS and support local textile sector
Pakistan sets sights on $60bn export goal with focus on textile sector
Under the “Uraan Pakistan” plan, government emphasizes modernization, value addition, and export-friendly reforms
Pakistan’s textile exports to be badly hit by new US 29% tariff
India gains competitive advantage in textile exports as its lower tariff rate contrasts with Pakistan’s new 29% levy
Pakistan’s textile exports remain flattish YoY, down 16% MoM
MoM drop is the largest in nearly four years; exports are projected to reach $18-19 billion by the end of FY2024-25
Gul Ahmed Textile Mills to establish four wholly-owned subsidiaries for sustainable textile operations
Stock price rises 1.46% after the company unveils its sustainability-driven expansion strategy
Interloop’s road ahead
As the economy sees stability, there can be choppy waters ahead for the hosiery behemoth
Pakistan’s textile exports grow 10.6% in seven months, reach $10.77bn
January exports rise 15.85% year-on-year, driven by strong demand
Over 100 spinning mills shut down as textile sector faces crisis: Aptma
Failure to address anomalies in the Export Facilitation Scheme is pushing the spinning industry towards collapse, warns textile body
Colony Textile Mills to shut down weaving division amid ongoing challenges
Company exploring sustainable options to revive operations in parts or entirety
High electricity costs push 187 textile mills to shut down
Punjab hit hardest with 147 closures, as high power costs cripple textile industry nationwide
Textile exports rise by 9.67% to $9.08bn in H1 FY25
APTMA urges restoration of zero-rating for local inputs, timely refunds, and balanced GST policies to safeguard jobs and exports
Pakistan marks its largest-ever participation at Heimtextil 2025, eyes export growth
Event features 2,800 exhibitors from 130 countries, with Pakistan standing out as the fourth-largest exhibiting nation with over 275 exhibitors
Textile sector urges swift policy reforms to protect Pakistan’s largest export sector
Pakistan Textile Council writes letter to finance minister, highlighting rising energy costs and taxes threaten textile industry’s survival
Textile exports rise 10% to $9.09 billion in H1 FY25
APTMA calls for further reforms to sustain growth
D.M. Textile Mills shifts principal business line to real estate
Company says it has successfully paid off its long-term liabilities to financial institutions; requests removal from PSX defaulter segment