Karachi: Pakistan’s textile sector is currently operating at its full potential and it is likely that the government will achieve an export target of $ 24-25 billion this fiscal year. ۔
In January, the government withdrew taxes on raw cotton imports, Asif Aim, former chairman of the All Pakistan Textile Mills Association, told the Express Tribune that the production of textile sectors has reached its peak and for us. No longer have the ability to fulfill export orders.
They report that the Corona virus has affected China’s textile industry and a large number of international buyers are turning to Pakistan. He said textile exports could double in the next five years if the government overcomes the problem of rising electricity prices and refunds.