Pakistan Says Textile Production Costs May Be Reduced By 5%

Mirza Ikhtiar Baig, a consultant in textiles department, is receiving media. Interview It is said that the production cost of Pakistan's textile products is expected to drop by 5% after the establishment of the Karachi development and distribution center (FDC). He said that the recent industrial area caused a power loss of about 20 billion rupees due to power outages, and the textile industry is now considering initially lowering production costs by 3%, down 5% thereafter.

He said: "processing and post-processing are two of textile production. important Step, if there is no electricity, it is impossible to produce. " He said that Karachi formulated and Delivery The central (FDC) plan requires investigation, including auditing and multiprogramming for textile mills, which will take time. Raising the efficiency of the textile industry is also expected to meet the brutal competition in the international market. He said that after granting the status of MFN in India, the non-tariff barriers of India textiles should be abolished, the loading and unloading facilities should be provided and the customs officials could be put into operation through the border trade of Wago. time Extend for four hours.