Gohar Ejaz Thinks Pakistan Can Achieve $50 Billion Textile Exports
Former commerce minister Gohar Ejaz has remarked Pakistan's textile industry could rise exports to $50 billion from the current $19 billion if the country revives cotton production and addresses policy challenges affecting the sector.
Former commerce minister Gohar Ejaz has remarked Pakistan's textile industry could rise exports to $50 billion from the current $19 billion if the country revives cotton production and addresses policy challenges affecting the sector.
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- Ejaz remarked Pakistan needed to revive cotton cultivation to strengthen the textile industry and reduce its dependence on imported raw materials.
- Ejaz additionally stated APTMA wanted to be taken into confidence on administration decisions affecting the textile industry.
Speaking at a press conference at the All Pakistan Textile Mills Association (APTMA) House in Lahore on Monday, Ejaz remarked the association had been calling for higher cotton production for the past five years.
He criticized the expansion of sugarcane cultivation. It he remarked consumes more water, at the expense of cotton.
Ejaz remarked Pakistan needed to revive cotton cultivation to strengthen the textile industry and reduce its dependence on imported raw materials. He observed that Pakistani exporters at present import cotton from the United States and Brazil while generating around $19 billion in textile exports.
Ejaz additionally stated APTMA wanted to be taken into confidence on administration decisions affecting the textile industry. He remarked Pakistan at present had an opportunity to strengthen its position internationally and benefit from what he described as growing respect for the country's leadership. Stay Connected with ProPakistani.
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For now, gohar Ejaz Thinks Pakistan Can Achieve $50 Billion Textile Exports remains the part of the story worth watching, and further updates are likely as more details are confirmed.
