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Afghanistan chaos affecting the textile hub of Surat
August 2021
As per the reports, the chaos in Afghanistan due to the Taliban’s takeover has affected the textile hub of Surat. The exporters and brokers have claimed that a payment of Rs 4 billion is stuck due to the unrest.
Pak textile exporters threaten to move overseas
June 2021
Textile exporters are threatening to move their production bases to overseas if the issue of power shortage is not resolved in Karachi.
Pakistan textile exports to increase by $5 bn by 2022
June 2021
As the export duties on the raw material reduce, it is expected that the textile exports from Pakistan will increase by $5 billion in the next fiscal year.
Truth behind Pakistan’s 3 times rise in textile exports
May 2021
Pakistan saw 3.4 times increase in textile exports in April 2021. This growth was due to the low base effect in April 2020 when the first wave of COVID-19 affected industrial activity across the globe and in Pakistan.
Interloop to invest $300 mn in apparel unit in Pakistan
May 2021
Pakistan-based apparel manufacturers Interloop plans to setup a new factory to expand its production. Expecting to meet the rising demand from the foreign markets, the company aims to double its revenues by FY2026.
Pakistan beats India in apparel exports to the US
April 2021
In February, Pakistan surpassed India, Indonesia, and Vietnam in apparel and textiles export to the US.
Cotton contamination up reveals ITMF survey
August 2020
The level of cottons moderately or seriously contaminated as perceived by the spinning mills from around the world grew from 23 per cent in 2016 to 26 per cent in 2019.
Pakistan textile exports dip by 4.46% amid Covid-19
April 2020
Pakistan’s textile exports had dipped by 4.46 percent in March amid global slowdown due to the coronavirus pandemic.
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