FAISALABAD: Faisalabad is manufacturing hub of popular international textile brands while local businessmen have also introduced their own brands in South Asia which can be internationalized by launching joint ventures with the collaboration of Italian experts.
Syed Zia Alumdar Hussain President Faisalabad Chamber of Commerce & Industry (FCCI) said this during a meeting with a six-member Italian delegation headed by Italian Designer Ms Stella Jean.
The FCCI Chief said that Faisalabad is iconic textile city. However, other segments are also contributing their role in the overall development of this city.
He said that Faisalabad is providing 55% textile related raw material to the Pakistan while its share in total textile export is around 45%.
He said that Faisalabad has state-of-the-art textile units which are supplying branded items to American and European Union countries. Among these brands include Zara, Nexus, American Eagle, Puma etc.
Regarding Italian machinery, he said that many local units are using Italian textile machinery.
He said that a delegation of FCCI is scheduled to visit Spain to participate in international exhibition at Barcelona, adding that another delegation for Italy has also been proposed to have B2B meetings with Italian buyers.
Ms. Stella said that Milan Fashion Week is scheduled to be held in September which will attract large numbers of buyers from all over the world. She hoped that Pakistani exporters will also participate in this event.
A representative of United Nations Industrial Development Organization (UNIDO) said that 90% industrial sector of Italy is consisting of SMEs.
He said that Italy has a very rich cultural values and its people have successfully combined their cultural values with modern technology to give a new and popular shape to their innovative products. He said that Pakistan should also get benefits from this Italian experience.
Engineer Rizwan Asharf Former President FCCI, Sectary General Abid Masood, Fazal-ur-Rehman Rao Deputy Director Trade Development Authority of Pakistan (TDAP), Senior Vice President Mian Tanveer Ahmed, Rana Sikandar Azam, Mian Gulzar Ahmed, Engineer Asim Muneer and other executive member of the FCCI were also present during this meeting.
Later, Syed Zia Alumdar Hussain presented FCCI shield to Ms. Stella Jean.