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Tag Archives: All Pakistan Textile Mills Association (Aptma)

Aptma demands zero-rating facility for machinery imports

Aptma

LAHORE: The All Pakistan Textile Mills Association (Aptma) urged the caretaker government on Tuesday to immediately notify zero rating facility of sales tax on import of machinery. The request from the textile association came as 200 containers are stranded at customs ports and incurring unjust demurrages. “The facility had expired on June 30 and the machinery imported for BMR and ... Read More »

100pc rise in Indian yarn dumping: Aptma wants remedial steps to save textile sector

Cotton Yarn

LAHORE: Alarmed at rising dumping of Indian cotton yarn, All Pakistan Textile Mills Association (Aptma) urged the Commerce Ministry to exercise public interest clauses of 7(b) of the Safeguard Measures Ordinance, 2002 with immediate effect. According to the Aptma, rising dumping of Indian cotton yarn has posed a great threat to the local textile industry and the government should take ... Read More »

26,000 tonnes dumped in 2013-14: Aptma urges govt to stop import of Indian yarn at low prices

Aptma-Punjab-Chairman-S.M.-Tanveer

LAHORE: All Pakistan Textile Mills Association (Aptma) has asked the government to stop dumping of Indian yarn as 26,000 tonnes of Indian cotton yarn was dumped in 2013-14 against around 17,000 tonnes in 2012-13. Aptma Chairman S M Tanveer urged the Ministry of Commerce to take note of this abnormal surge in dumping of Indian cotton yarn to save the ... Read More »

26,000 tonnes dumped in 2013-14: Aptma urges govt to stop import of Indian yarn at low prices

Aptma-Punjab-Chairman-S.M.-Tanveer

LAHORE: All Pakistan Textile Mills Association (Aptma) has asked the government to stop dumping of Indian yarn as 26,000 tonnes of Indian cotton yarn was dumped in 2013-14 against around 17,000 tonnes in 2012-13. Aptma Chairman S M Tanveer urged the Ministry of Commerce to take note of this abnormal surge in dumping of Indian cotton yarn to save the ... Read More »

Nawaz to address Textile Summit as industrialists cast doubt on his presence

nawaz1

LAHORE: Prime Minister Nawaz Sharif will address the closing session of the first Pakistan Textile Summit, while the businessmen related to the textile industry have casted doubt on the PM’s presence in the summit, jointly organised by the textile ministry, All Pakistan Textile Mills Association (Aptma) and Pakistan Textile Exporters Association (PTEA), on November 27. The summit will have detailed ... Read More »

MoU between APTMA, BCI for 100% procurement of clothes by better cotton till 2015 to 2020  

APTMA SM Tanveer

LAHORE: All Pakistan Textile Mills Association (APTMA) and Better Cotton Initiative (BCI) Chief Executive Patrick Charles Laine have signed a memorandum of understanding (MoU) to implement joint and synergetic activities to mainstream sustainability in cotton production in Pakistan. APTMA Central Chairman SM Tanveer, Seth Muhammad Akbar Punjab Chairman, Vice Chairman APTMA Wisal Monnoo and members were present on this occasion. ... Read More »

6.86pc overall decline: Textile exports fall 1.54pc to $4.6b against $4.7b

textile

ISLAMABAD: Crippling energy crisis and uncertain political scenario pushed the country’s textile exports by 1.54 percent during July-October (Four months) of the financial year 2014-15. The textile exports stood at $4.6 billion during July-October 2014-2015 as against $4.7 billion in the corresponding period last year, showing a decline of 1.54 percent, according to the Pakistan Bureau of Statistics (PBS). After ... Read More »

Textile exports decline by 1.54% to $4.6b; overall exports cut by 6.86% to $7.98b in July-Oct

textile-industry

ISLAMABAD: Power crisis has forced the country’s textile exports further cut by 1.54pc from July to October of the current fiscal year to $4.6 billion as compared to $4.7 billion of the same period of the last year. As per the Pakistan Bureau of Statistics (PBS) data, the country’s overall exports have decreased by 6.86 per cent in July-October to ... Read More »

Nawaz forms body to restore gas for textile units of Punjab

PAKISTAN-POLITICS-FILES

  ISLAMABAD: Prime Minister Nawaz Sharif has formed a committee headed by Federal Finance Minister Ishaq Dar to finalise suggestions for settlement of the issue of gas shortage for textile industry in Punjab during winter months. The new committee has been constituted soon after the Government temporarily suspended the gas load management plan for the textile units in the Punjab ... Read More »

Apparently govt gives in: PM sets up body to end gas shortage to textile

textile2

ISLAMABAD: Following the suspension of four months gas load management plan for textiles in Punjab province, Prime Minister Nawaz Sharif constituted a high-level committee under the chair of Finance Minister Ishaq Dar to settle the issue of gas shortage for textile during winter. The committee has been assigned to devise a mechanism for sustainable gas supply to textile industry of ... Read More »

No electricity & gas for masses, ministers bow to APTMA might

Aptma-Punjab-Chairman-S.M.-Tanveer

LAHORE: All Pakistan Textile Mills Association (APTMA) has secured continuous supply of electricity and gas after successful negotiation with the government. APTMA Central Chairman S M Tanveer said this while talking to the media. “Successful talks between textile industry’s representatives and the government have resulted into complete exemption from electricity loadshedding for the industry on independent feeders from November 13, ... Read More »

No gas, power suspension for textile industry: APTMA

APTMA SM Tanveer

LAHORE: All Pakistan Textile Mills Association (APTMA) has secured continuous supply of electricity and gas after successful negotiation with the government. APTMA Central Chairman S M Tanveer said this while talking to the media. “Successful talks between textile industry’s representatives and the government have resulted into complete exemption from electricity loadshedding for the industry on independent feeders from November 13, ... Read More »

No gas for Punjab CNG stations, industries from Nov 15 to March 15

CNG-Station-Closed.5

ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) is going ahead with its planned suspension of gas supply to CNG filling stations and industries in Punjab from Nov 15 this year to March 15, 2015. The strategy has been devised under the government’s load-management plan to ensure smooth gas supply to domestic and commercial consumers. The plan likely to affect 2,000 ... Read More »

APTMA efforts bear fruit as SNGPL announces gas for textile industry

Textile

LAHORE: The Punjab textile industry will enjoy the gas during whole the winter as the Sui Northern Gas Pipelines Limited (SNGPL) has nodded to continue gas supply in upcoming months, while the other industries will remain without this facility. SNGPL Managing Director Arif Hameed has announced this, while addressing a press conference here at All Pakistan Textile Mills Association (APTMA) ... Read More »

Increasing yarn import from India perturbs local spinners  

Aptma-Punjab-Chairman-S.M.-Tanveer

KARACHI: Increasing yarn import from India has perturbed spinners, it has been learnt. The rising import of finer counts yarn almost above 30 counts at cheaper rates from India is affecting the local spinning industry who are already facing energy and gas outages and are doing business at high , industry sources said. What is more alarming for the textile ... Read More »

APTMA rings alarm bells over 22% decline in exports  in 6 months

Aptma-Punjab-Chairman-S.M.-Tanveer

LAHORE: All Pakistan textile Mills Association (Aptma) Central Chairman S.M Tanveer has showed grave concerns over continuous decline in textile exports over the last six months. S.M. Tanveer, chairman of the association, apprehended that textile industry will lose $2.3 billion exports in case no immediate remedial mea­sures are taken on energy supply by the government. Tanveer further predicted decline in ... Read More »

$2.3b loss: Aptma rings alarm bells over 22% decline in exports  

LAHORE: All Pakistan textile Mills Association (Aptma) Central Chairman S.M Tanveer has showed grave concerns over continuous decline in textile exports over the last six months. S.M. Tanveer, chairman of the association, apprehended that textile industry will lose $2.3 billion exports in case no immediate remedial mea­sures are taken on energy supply by the government. Tanveer further predicted decline in ... Read More »

Textile industrialists raise issue of power crisis with Dar

Textile

ISLAMABAD: A delegation of All Pakistan Textile Mills Association (APTMA) and Pakistan Textiles Exporters Association (PTEA) representatives has called on Finance Minister Ishaq Dar and discussed problems related to the textile industry with him. The delegation lauded the government’s efforts in maximum power supply to the industry, but expressed their concern over interrupted gas supply and demanded its equitable distribution. ... Read More »

Liquidity crunch: Aptma demands govt to clear ST refunds

aptma1

KARACHI: The All Pakistan Textile Mills Association (Aptma) has vehemently demanded the government to speed up clearance of outstanding refund payments as committed by Finance Minister Ishaq Dar. According to Aptma Chairman Yasin Siddik, Finance Minister Ishaq Dar while presenting the federal budget in June, had promised to clear all outstanding sales tax refunds by September 30. In a statement ... Read More »

Ginners demand withdrawal of 5pc tax on cotton seed cake

PCGA

MULTAN: The Pakistan Cotton Ginners Association (PCGA) demanded the government withdraw the SRO issued for the imposition of five percent tax on cotton seed cake. Addressing a press conference, PCGA President Mukhtar Baloch along with its members Haji Muhammad Akram, Shehzad Ali Khan demanded the government to provide relief to cotton industry. He regretted that cotton trade was confronted with ... Read More »