Published On: Sat, Apr 13th, 2019
Published in Category: Lahore

Furniture and Textile can help boost export together manifold if govt fully supports

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LAHORE:  Pakistan Furniture Council (PFC) Chief Executive  Mian Kashif Ashfaq Friday lauding the economic policies of Prime Minister  Imran Khan urged for chalking out an aggressive export policy that gives  more relaxation and friendly environment to exporters to enhance exports  especially in textile and furniture sector.  He expressed these views while talking to media during his visit to TEXPO,  2019 exhibition as guest of honour  being held here at Expo Center today.  He said that its  good omen  that the textile industry exports is likely  cross $15 billion mark and this would likely be a record achievement of  textile exports in such a short span of time.

He demanded a fast track  establishment of Integrated Textile & Apparel Parks enabling plug and play  facilities for local and foreign investors.  Mian Kashif said currently, the textile sector was the country’s largest  industry in terms of exports, exporting $14 billion worth of goods  annually. The second largest segment is rice, which generates $2 billion  through exports, but Pakistan’s furniture exports stand at a meager $51  million. He said if the government extends its support to furniture  companies, the volume of export could touch the figure of $ 5 billion for  the next five years.

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