New Pakistan Textile Exporters Association chief calls for lower production costs
Newly elected PTEA chairman Rehan Naseem Bharara said reducing production costs is needed to revive investment and exports, according to the Associated Press of Pakistan.
Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.
The newly elected chairman of the Pakistan Textile Exporters Association (PTEA), Rehan Naseem Bharara, has called for a reduction in production costs to help revive investment and exports in the sector, according to the Associated Press of Pakistan (APP).
Bharara's comments point to rising production costs as a key constraint facing Pakistan's textile exporters, one of the country's largest export industries. The APP report does not specify which cost factors Bharara identified as most significant, such as energy prices, taxation or raw material costs, nor does it detail specific policy measures he is requesting from the government.
The textile sector has historically been a major contributor to Pakistan's export earnings and employment, and industry bodies such as PTEA have periodically pressed the government for measures to improve competitiveness.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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