BR100 Increased By (0.11%)
BR30 Decreased By (-0.26%)
KSE100 Increased By (0.12%)
KSE30 Increased By (0.09%)
AGHA 7.79 Increased By ▲ 0.04 (0.52%)
BECO 5.23 Increased By ▲ 0.04 (0.77%)
BML 57.26 Decreased By ▼ -1.40 (-2.39%)
BOP 34.10 Increased By ▲ 0.41 (1.22%)
CNERGY 9.92 Decreased By ▼ -0.69 (-6.5%)
CSIL 5.35 Increased By ▲ 0.05 (0.94%)
FCCL 54.61 Increased By ▲ 0.87 (1.62%)
FFL 16.70 Increased By ▲ 0.24 (1.46%)
FNEL 1.24 Increased By ▲ 0.02 (1.64%)
KEL 7.42 Increased By ▲ 0.14 (1.92%)
KOSM 5.75 Increased By ▲ 0.11 (1.95%)
LOTCHEM 29.35 Decreased By ▼ -0.30 (-1.01%)
MLCF 94.35 Decreased By ▼ -2.01 (-2.09%)
NBP 202.70 Decreased By ▼ -0.83 (-0.41%)
NCPL 57.00 Increased By ▲ 0.15 (0.26%)
NPL 67.78 Increased By ▲ 0.47 (0.7%)
OGDC 316.40 Decreased By ▼ -1.82 (-0.57%)
PACE 10.64 Increased By ▲ 0.01 (0.09%)
PAEL 43.15 Increased By ▲ 1.38 (3.3%)
PIBTL 16.72 Decreased By ▼ -0.09 (-0.54%)
PPL 220.50 Increased By ▲ 0.33 (0.15%)
PRL 49.05 No Change ▼ 0.00 (0%)
PTC 70.98 Increased By ▲ 0.97 (1.39%)
SSGC 28.17 Decreased By ▼ -0.97 (-3.33%)
TBL 9.90 Increased By ▲ 0.13 (1.33%)
TELE 8.80 Decreased By ▼ -0.02 (-0.23%)
TPL 18.14 Increased By ▲ 0.97 (5.65%)
TPLP 13.40 Increased By ▲ 0.89 (7.11%)
TREET 22.75 Increased By ▲ 0.16 (0.71%)
TRG 60.30 Increased By ▲ 0.08 (0.13%)

LAHORE: In line with Prime Minister Shehbaz Sharif’s vision for export-led economic growth, the Chief Executive of the Trade Development Authority of Pakistan (TDAP), Faiz Ahmad Chadhar, met with key stakeholders from the textile and apparel industry during an event organised by the Pakistan Readymade Garments and Exporters Association (PRGMEA) in Sialkot.

The gathering aimed to address challenges hindering the sector’s export potential and foster collaboration between the government and industry leaders.

Prominent attendees included former PRGMEA Chairman Ijaz Khokhar, Surgical Instruments Manufacturing Association Chairman Zeeshan Tariq, Dryport Trust Chairman Raza Iqbal, SIAL Airline Chairman Rasheed Jilani, and Sialkot Airport Chairman Hassan Ali Bhatti.

Texpo 2024 likely to attract $800m in export orders

Industry representatives raised critical issues such as gas shortages, visa obstacles, and concerns over the Fixed Tax Regime (FTR), urging immediate government intervention to sustain growth.

Chadhar reaffirmed the federal government’s commitment to resolving these challenges, announcing plans for monthly stakeholder engagements to ensure sustained dialogue. He emphasised formation of a streamlined communication mechanism, requesting industry associations to nominate focal persons for efficient collaboration.

He highlighted ongoing efforts to address structural barriers, enhance global competitiveness, and integrate Pakistani industries into international supply chains. “The government is prioritising innovation, entrepreneurship, and market access to unlock new export opportunities,” he stated, pledging continued support to improve the ease of doing business.

In his address, former PRGMEA Chairman Ijaz Khokhar called for structural reforms, proposing the creation of a dedicated Apparel Export Promotion Council and a financial support fund for startups and innovators in the apparel sector. He stressed that such measures would drive sustainable growth and strengthen Pakistan’s foothold in global markets.

Industry leaders lauded the government’s proactive engagement, expressing readiness to collaborate closely on policy implementation. The collective resolve of both public and private sectors, they noted, will be pivotal in boosting exports and elevating Pakistan’s position in the international textile and apparel industry.

The event concluded with a shared commitment to transform challenges into opportunities, aligning with the Prime Minister’s economic vision for a resilient, export-driven future.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.