Pakistan
Monday, 07 September 2015
Pakistan’s Commerce Minister says that the country is making “serious and well-planned” efforts to increase the quantity of value-added products generated by the textile sector in an effort to gain greater international market share. Speaking at a recent event hosted by the Pakistan Readymade Garment Manufacturers and Exporters Association (PRGMEA), the minister noted that exports of value-added textile goods have seen an uptick recently, while exports of lower-value goods like cotton, yarn, and fabric have actually declined. Experts say that this could actually help boost output of value-added products by lowering the cost of the input materials required. (Fibre2Fashion)
