AIRLINK 189.64 Decreased By ▼ -7.01 (-3.56%)
BOP 10.09 Decreased By ▼ -0.05 (-0.49%)
CNERGY 6.68 Decreased By ▼ -0.01 (-0.15%)
FCCL 34.14 Increased By ▲ 1.12 (3.39%)
FFL 17.09 Increased By ▲ 0.44 (2.64%)
FLYNG 23.83 Increased By ▲ 1.38 (6.15%)
HUBC 126.05 Decreased By ▼ -1.24 (-0.97%)
HUMNL 13.79 Decreased By ▼ -0.11 (-0.79%)
KEL 4.77 Increased By ▲ 0.01 (0.21%)
KOSM 6.58 Increased By ▲ 0.21 (3.3%)
MLCF 43.28 Increased By ▲ 1.06 (2.51%)
OGDC 224.96 Increased By ▲ 11.93 (5.6%)
PACE 7.38 Increased By ▲ 0.37 (5.28%)
PAEL 41.74 Increased By ▲ 0.87 (2.13%)
PIAHCLA 17.19 Increased By ▲ 0.37 (2.2%)
PIBTL 8.41 Increased By ▲ 0.12 (1.45%)
POWER 9.05 Increased By ▲ 0.23 (2.61%)
PPL 193.09 Increased By ▲ 9.52 (5.19%)
PRL 37.34 Decreased By ▼ -0.93 (-2.43%)
PTC 24.02 Decreased By ▼ -0.05 (-0.21%)
SEARL 94.54 Decreased By ▼ -0.57 (-0.6%)
SILK 0.99 Decreased By ▼ -0.01 (-1%)
SSGC 39.93 Decreased By ▼ -0.38 (-0.94%)
SYM 17.77 Decreased By ▼ -0.44 (-2.42%)
TELE 8.66 Decreased By ▼ -0.07 (-0.8%)
TPLP 12.39 Increased By ▲ 0.18 (1.47%)
TRG 62.65 Decreased By ▼ -1.71 (-2.66%)
WAVESAPP 10.28 Decreased By ▼ -0.16 (-1.53%)
WTL 1.75 Decreased By ▼ -0.04 (-2.23%)
YOUW 3.97 Decreased By ▼ -0.03 (-0.75%)
BR100 11,814 Increased By 90.4 (0.77%)
BR30 36,234 Increased By 874.6 (2.47%)
KSE100 113,247 Increased By 609 (0.54%)
KSE30 35,712 Increased By 253.6 (0.72%)

The spokesman of Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has demanded continuation of 3 percent drawback of local taxes and Levis (DLTL) scheme during 2011-12 to sustain growth in country's exports.
The government had introduced DLTL scheme in September 2009 to make woven garments industry a manufacturing hub for highest value-added products, including availability of trained manpower, promotion of fashion designs and support in development and marketing of brand names. The PRGMEA spokesman said the woven garments sector has grappled impressive 38 percent growth during 2010-11.
He said the woven garment industry has secured remarkable unit price with increase in utilisation of expensive fabrics. It has ultimately pushed the employment index of woven garment industry up, as millions of young workers are involved in skilled jobs in the industry.
He said the average unit price has nearly doubled in 2010-11 and the garment industry has increased the utilisation of expensive fabrics in different weights besides employing 30 percent of 3.5 million workforce of textile industry value chain, he added.
However, the energy crisis has crippled the growth momentum of the woven garment industry altogether, as the production cost has hit through the roof since November 2007. The spokesman appreciated the pro-industry approach of the government, particularly the President Asif Ali Zardari who had declared 2011 as the year of textile industry. He expressed the hope that the government's action would supplement to the words of President Asif Zardari and it would save the woven garment industry from a big disaster with continuation of DLTL scheme in a highly competitive global environment.

Copyright Business Recorder, 2011

Comments

Comments are closed.