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Pakistan holds textile fair, Textile Asia

Textile Asia was held in Pakistan from September 16 to 18, 2017. The textile machinery fair aimed to increase productivity and enhance competitiveness. Textile Asia is a landmark event, which has provided an effective podium for joint ventures and collaborations among the local textile industry and international entrepreneurs, more than 50,000 trade and corporate visitors visited the fair during the three days, besides more than 600 foreign delegates.

Exhibiting countries included: China, France, Germany, India, Italy, Korea, Taiwan, Turkey, Austria, Czech Republic, UK, and USA etc. Textile Asia is jointly organized by the Pakistan Readymade Garments Manufacturers and Exporters Association and E-Commerce Gateway Pakistan.

Pakistan is taking several concrete steps to increase the volume of overall exports. Changes will be made to the scope and coverage of the export package. Pakistan’s apparel exports grew by 5.55 per cent in 2016-17.

Value-added textile is being considered as a key priority area. Efforts are being made to set the right policies and incentives that encourage private sector investment in value addition. The apparel segment happens to be the highest value-added link in the entire textile value chain. Pakistani products do not get a proper market share due to high input costs.