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Print Print edition: 2026-08-09

MoC sanctions Rs10bn for textile, apparel industry

Published Updated

ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan has announced that the Ministry of Commerce (MoC) has sanctioned Rs 10 billion for the textile and apparel industry and other export sectors under the Duty Drawback and Technology Upgradation Schemes, aimed at improving industrial liquidity and supporting export growth.

“Pleased to share that the Ministry of Commerce has sanctioned Rs. 10,000 million for textiles and apparel and other export sectors under duty drawback and technology upgradation schemes,” Jam said, hoping this will improve the liquidity of industry and enable them to enhance exports.

READ ALSO: MoC prepares draft textile, apparel policy

The sanctioned funds are expected to provide much-needed liquidity support to export-oriented industries and facilitate technological upgradation, enabling exporters to improve their competitiveness and expand their presence in the international market.

The initiative reflects the government’s continued focus on strengthening Pakistan’s export sectors, facilitating industry, and creating an enabling environment for sustainable export growth. Meanwhile, Khurram Mukhtar, Patron-in-Chief of the Pakistan Textile Exporters Association (PTEA), has appreciated the Federal Board of Revenue (FBR) Chairman Rashid Langrial for the clearance of GST refunds and duty drawback.

“Faster liquidity for exporters is exactly what the sector needs, and it will surely help increase exports,” Mukhtar added.

Copyright Business Recorder, 2026

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