Textile Sector Slams EFS, Seeks Relief
5 Articles
5 Articles
Aptma seeks review of export scheme
KARACHI: Textile industry has sought urgent removal of yarn and fabric from Export Facilitation Scheme (EFS) import scheme in budget FY26 to save the domestic textile value-added chain from complete collapse. “Subjecting local supplies to 18 per cent sales tax while bestowing zero-rated on imports is an anti-Pakistan policy that is bleeding the economy within,” Aptma Central Chairman Kamran Arshad, Pakistan Cotton Ginners Association (PCGA) …
Textile sector slams EFS, seeks relief
The All Pakistan Textile Mills Association (APTMA), Pakistan Cotton Ginners Association (PCGA), and Karachi Cotton Association have jointly demanded the removal of yarn and fabric from the Export Facilitation Scheme (EFS) and the abolition of the 18% sales tax on locally produced cotton and yarn. Speaking at a press conference at APTMA House on Tuesday, APTMA Central Chairman Kamran Arshad, flanked by other industry leaders including Asif Inam, …
Textile Ministry advances ESG agenda, holds 4th task force meeting to shape sustainable industry vision
The Secretary of the Ministry of Textiles, Neelam Shami Rao, chaired the fourth meeting convened by the ESG (Environmental, Social and Governance) Task Force to co-create a sustainability vision for the Indian textiles and apparel industry. The meeting involved officials from the Government, including industry leaders, brands, associations and global stakeholders. Other participants in the […] The post Textile Ministry advances ESG agenda, holds…
Tiger Group And Asset Remarketing International Announce Major Cut And Sew, Textile-Embellishment Auction On June 10
AGUA PRIETA, Mexico — May 28, 2025 — Hundreds of lots of embroidery, screen printing, cut and sew, industrial washing and drying and related assets will go to auction on June 10 in a major textile-embellishment sale by Tiger Group and Asset Remarketing International. The machinery and equipment (M&E) and inventory come from a 90,000-square-foot textile and apparel embellishment facility in Mexico’s northeastern Sonora state across from Douglas, …
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