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Around 50 per cent of Pakistan’s exports generated by APTMA

As per All Pakistan Textile Mills Association (APTMA), it contributes more than 50 per cent to the country's exports, i.e. over $11 billion out total annual exports of $23 billion as on 2017-18. APTMA is the premier textile industry association representing members from corporate sector and manufacturing and export of textile and clothing products

The spokesperson stated the textile industry has a potential of adding another $24 billion to exports on a fast track subject to positive policy initiatives. Various non-textile exports also pass through the hands of APTMA members. He stressed the burgeoning gap of trade deficit can only be met through devising an export-led growth policy. Therefore, those advocating for the support of domestic industry are not well wishers of the country as well as the government, as restoration of competitiveness of export-led industry is a must to regain the lost share in the international marketplace.

Already, the anti-export approach witnessed a decline of country's exports from $35 billion to $20 billion in 2016-17. Unfortunately, certain vested interests have started campaign against exporting industry, generating forex, direct and indirect employment besides backward and forward linkages.

 

 
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