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Pakistan’s leather garment industry in distress

Though the leather industry of neighbouring countries are growing but in Pakistan, the leather garment industry is declining as far as exports are concerned. As result the industry is near to closure. Moreover the government is not paying attention to issues facing the industry, says chairman of Pakistan Leather Garments Manufacturers & Exporters Association (PLGMEA), Atif Ashraf.

He further observed the leather garment industry of Pakistan is already in distress and would collapse if the Federal government does not come forward to bail it out by giving incentives and pay extra attention to address issues. The decline in quantity of leather garments exported is around 12.35 per cent during 2015-16 from 2014-15 as per Pakistan Bureau of Statistics which is very alarming.

Unless the government announces and implements relief package for this industry, exporters will be forced to close down units causing unemployment to workers. Governments of India and China have offered high duty drawback rates to their exporters as incentive for boosting exports. While China offers 8.5 per cent duty drawback rate on export of leather garments, India offers 9.5 per cent duty drawback. The duty drawback rate in Pakistani is only 4.26 per cent for leather jackets. Ashraf strongly urged the PM and commerce minister to activate TDAP and commercial consulars in Pakistani missions abroad.

 
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