Former chairman, Korangi Association of Trade and Industry (Kati), Shaikh Manzar Alam has urged the President and Prime Minister to direct federal minister for finance to provide research and development (R&D) support to towel and other textile industries.
Shaikh Manzar also demanded reduction in markup rates. He said that these two factors high markup rates and non-providing R&D facility-hampering textile sector exports.-PR