Increase in exports, generate job opportunities: All you need to know about Pakistan’s new textile policy

The new policy would also help empower women entrepreneurs and proficient female workers as the government has been focusing on exports of the stitched materials.

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Pakistan has intended to roll out a new textile policy in the next couple of months to boost exports, e-commerce, and generate job opportunities for the youth.

The textile industry is the only largest export-earning sector of the country and is also the eighth largest exporter of textile products in Asia. There have been 423 textile industries working in the country, employing about 40% of its total labor force.

The Parliamentary Secretary for Textile, Commerce, Industries, and Production, Aliya Hamza Malik, said, “The consultation process on the policy is underway, and its refining is being done with the help of public and private sectors.”

Miss Malik said the initial draft of the five-year policy is ready, which would be presented to the Economic Coordination Committee of the Cabinet for approval in the next couple of months.

“Our targets for the industry will be realistic and achievable,” she said. “We won’t make tall and fake claims.”

She said that Pakistan’s exports had registered a significant increase during the COVID-19 pandemic when exports of other countries in the region, including Bangladesh and India, were declining.

“We want to extend the maximum benefit to our industry through this policy. We are consulting all relevant stakeholders, including economists and industrialists, to make it more inclusive and comprehensive,” she said.

The Secretary added that the government wanted to create more job opportunities for skilled and unskilled labor and increase e-commerce, small and medium businesses, and human resource development through its new policy.

The new policy would also help empower women entrepreneurs and proficient female workers as the government has been focusing on exports of the stitched materials.

#LISTEN: Textile is the backbone of Pakistan's economy, Parliamentary Secretary for Textile Aliya Hamza Malik tells Arab News, stressing the need of women's participation in the sector.–Read special by Aamir Saeed: https://arab.news/bmnna

Posted by Arab News Pakistan on Thursday, October 8, 2020

What are your thoughts about this? Share in the comment section below.

  • The Textile industry needs to work with the govern to improve production and products and help with accessing markets . But all I ever see them do is to ask for subsidies.


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