Pakistan aims to revitalize textile exports with new wheeling policy: Power Minister

April 04, 2024 (MLN): The government is intensifying efforts to implement a comprehensive wheeling policy which is expected to significantly boost dwindling textile sector exports, Power Minister Sardar Awais Ahmad Khan told All Pakistan Textile Mills Association (APTMA) officials on Wednesday.

During this meeting, APTMA officials expressed their concerns regarding the dwindling exports within the textile sector, which has led to rising issues like unemployment and poverty.

In response, the Minister reassured the delegation of the government's unwavering commitment to providing substantial support to the textile industry.

He mentioned ongoing efforts towards the implementation of a comprehensive wheeling policy, which is expected to significantly boost exports.

Furthermore, the Minister emphasized the Government's keen interest in offering regionally competitive tariffs specifically tailored for the textile sector.

This strategic approach aims to unlock the sector's full potential, targeting a substantial increase in exports up to $2 billion.

Highlighting the urgency of the situation, the Minister reiterated the government's swift actions towards improving the operations of DISCOS (Distribution Companies), with the primary goal of providing immediate relief to the textile sector.

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