Pakistan’s textile industry has set a target a increase textile exports to $20 billion in the next few years. Its textile exports rose by 37 per cent to $1.69 billion in February 2022, as against $1.23 billion in February 2021, reveals All Pakistan Textile Mills Association.

The exports of textile commodities surged by 24.73 percent during the first seven months of the current fiscal year (2021-22) as compared to the corresponding period of last year, the Pakistan Bureau of Statistics (PBS) reported.

Sohail Pasha, Chairman, Pakistan Textile Exporters Association (PTEA) says, Pakistan’s textile exports experienced rapid recovery following the elimination of Covid-related restrictions.

Outbound shipments surged faster than those of regional competitors including Bangladesh and India. Textile exports surged by 26 per cent year-on-year to $9.38 billion in the first half of fiscal year 2021-22, he adds.

By Fashionating World
https://www.fashionatingworld.com/new1-2/pakistan-targets-20-billion-textile-exports