LAHORE
\nA group of senior officers from various federal ministries and provincial departments, currently undergoing training at the National Institute of Public Administration (NIPA), visited the Pakistan Hosiery Manufacturers and Exporters Association (PHMA) to gain insight into Pakistan\u2019s knitwear manufacturing and export sector.
\nPHMA North Zone Senior Vice Chairman Izhar-ul-Haq, along with representatives of the industry and association members, briefed the visiting officers on the manufacturing processes, export potential and international market position of Pakistan\u2019s knitwear and hosiery industry.
\nThe briefing highlighted the sector\u2019s contribution to export earnings, industrial activity and employment, while comparing Pakistan\u2019s competitiveness with that of major regional competitors, including Bangladesh, India, China and Vietnam.
\nAddressing the delegation, Izhar-ul-Haq emphasised the need for a business-friendly policy environment to unlock the export potential of Pakistan\u2019s value-added textile industry.
\nHe said the sector had the capacity to increase exports, attract investment and generate employment, provided that longstanding structural constraints were addressed through coordinated government action.
\nHe highlighted the challenges confronting manufacturers and exporters, including high energy and production costs, expensive financing, taxation pressures, delayed refunds, regulatory hurdles and intense international competition.
\nThese factors, he explained, increase the cost of Pakistani products and make it difficult for local exporters to compete for international orders on price and delivery.
\nIzhar-ul-Haq stressed that improving export competitiveness required consistent and predictable policies, affordable working capital, competitive utility tariffs and an efficient regulatory framework. He underscored the importance of closer coordination between government departments and industry representatives to identify practical solutions and facilitate sustainable export growth.
\nThe delegation was also apprised of the impediments restricting the industry\u2019s expansion, including cost disadvantages against competing countries and the need for a supportive environment for industrial investment and modernisation.
\nThe visit provided an opportunity for the officers to understand the operational realities of export-oriented manufacturing and the challenges businesses face in international markets. The interaction also highlighted the importance of effective policymaking, institutional coordination and industry consultation in strengthening Pakistan\u2019s export base.
\nPHMA representatives expressed hope that greater awareness among government officers of the industry\u2019s challenges would contribute to informed policy decisions and practical measures to improve the competitiveness of Pakistan\u2019s knitwear and hosiery exports.<\/p>\n","protected":false},"excerpt":{"rendered":"
LAHORE A group of senior officers from various federal ministries and provincial departments, currently undergoing training at the National Institute of Public Administration (NIPA), visited the Pakistan Hosiery Manufacturers and Exporters Association (PHMA) to gain insight into Pakistan\u2019s knitwear manufacturing and export sector. PHMA North Zone Senior Vice Chairman Izhar-ul-Haq, along with representatives of the …<\/p>\n","protected":false},"author":4,"featured_media":105217,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-105229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/105229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=105229"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/105229\/revisions"}],"predecessor-version":[{"id":105240,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/105229\/revisions\/105240"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/105217"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=105229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=105229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=105229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}