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President Of Pakistan Garment Association Criticize Textile Factory Association

2011/9/9 11:50:00 47

Ready-Made Pakistan Textile Mill

   Ijaz A. Khokhar, President of the Pakistan garment garment manufacturers and Exporters Association (PRGMEA), criticized the Pakistan Textile Mills Association (APTMA), saying that they used the government's financial support for the $14 billion export in the name of the clothing industry.


He said that the textile industry has 400 billion rupees outstanding loans. APTMA's request for a refund of 5% of this loan is unfair, so the proportion of the clothing industry in the total outstanding financial debt will be very small. In addition, he said, not only the spinning and weaving industry, but also the clothing and value-added textile industry contributed to the export of 14 billion dollars.


According to him, APTMA uses value added spinning and textile mill The loan adjustment of spinning and weaving factories is inconsistent with the actual situation.


President PRGMEA said he wanted to rectify the record, and the clothing industry did not ask for financial support simply because it wanted to complete the APTMA goal. He said that in the past, APTMA had distorted the reality many times for its own interests. He said that when banning cotton and cotton yarn exports, APTMA demanded the free market mechanism to manipulate the situation. At that time, the clothing industry was rejected by the European and American markets for free market mechanism. APTMA exerted an influence on President Zardari for the same reasons, causing the garment industry to suffer huge losses in 2009-2010 and 2010-2011 years.


APTMA is trying to influence the government again, saying that the 400 billion rupee in the textile industry is likely to become a bad loan. This is not true. On the contrary, he said that only the spinning and weaving industry had huge loans, but APTMA gave the impression that the whole textile industry had made the impression. Industry The clothing industry, however, is in trouble because of loans.


He said that APTMA should not choose such unfair practices because of its own interests. APTMA should not deceive the government again and again.


He said that if we really want to support the textile industry, APTMA should ask for tax rebates, customs rebates, and Clothing industry Sales tax rebate. He said the government should ask the government to pay 23 billion 420 million rupees for the local tax and the Tax Refund Scheme of the garment industry.


He said that during the 2010-11 years, the export of registered woven garments increased by about 40%, and the average unit price doubled. The clothing industry used a lot of high value fabrics of different weights, employing 30%. of 3 million 500 thousand of the textile industry chain.

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