Textile sector gets Rs14b in last 7 months under PM export package

February 14, 2019: The textile industry received 14 billion rupees during the first seven months of the current fiscal year under the Prime Minister’s export enhancement package.

According to the Secretary Textile and Industry, Iftikhar Babar the sector would get an additional 115 billion rupees through the package in the next five years.

He said for the promotion of textile sector, the government has rationalized the price of energy, including electricity and gas, so as to help the industry grow.

He said that it is among the top priorities of the government to create a conducive business environment for the textile sector which would subsequently enhance external trade and earn foreign exchange reserves.

Posted on: 2019-02-14T09:25:00+05:00