Govt finalizing Textile, Apparel policy for next five years

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MG News | August 29, 2025 at 12:33 PM GMT+05:00

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August 29, 2025 (MLN): The government is finalizing a comprehensive Textiles and Apparel Policy and National Industrial Policy for the next five years aimed at making Pakistan’s industry regionally competitive, removing trade barriers, and ensuring long-term export growth.

This was informed by Federal Minister for Commerce Jam Kamal Khan during the meeting with the major players of the Textile Industry. 

While chairing this meeting, the Commerce Minister underlined that the Textiles and Apparel Policy will be designed aimed at reduce the cost of manufacturing, improve resource productivity and optimise processes, promoting research and development and product/market diversification, and enhancing Pakistan’s share in the global market.

He remarked that Pakistan must rely on export growth, adding that the Government is committed to ensuring all decisions are taken in consultation with stakeholders.

Jam Kamal stressed that, for the first time, the Government and industry are aligned in their determination to revive and enhance the momentum of increasing exports.

Welcoming the industry proposal to analyze the policies of regional competitors, Jam Kamal shared the observations from his recent visit to Dhaka, where he witnessed first-hand the country’s remarkable success in industrial development and exports of readymade garments.

Special Assistant to the Prime Minister Haroon Akhtar Khan emphasized that the new Industrial Policy would go beyond a few sectors and address the broader industrial landscape.

He explained that the Policy would comprehensively cover the areas including energy, tariffs and taxation, financing, economic zones and the other areas.

He also underlined that facilitation for Greenfield projects, land-lease models under Public-Private Partnership, and a one-window model for investor facilitation are also being incorporated.

He added that the initiative, under the vision of Prime Minister Shehbaz Sharif, would inject new momentum into industrial growth across the country.

APTMA delegation urged the government to remove structural inefficiencies and provide enabling environment that hinder competitiveness of export sectors in the global market.

The Commerce Minister concluded the meeting with optimism about boosting exports through sustainable policy support and collaborative efforts of stakeholders.

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