Textile exporters have expressed dismay that cotton, cotton yarn, power, gas, water, labour pay, port costs, and transportation charges have soared in Pakistan and have asked the government for assistance.
Pakistan Apparel Forum (PAF) Chairman Jawed Bilwani stated on Tuesday that the cost of these amenities and inputs were cheap in all other major textile exporting nations.
He bemoaned the fact that, despite being an agricultural country, cotton and cotton yarn were sold at excessive costs in Pakistan.
The textile exporters of Pakistan were able to export merchandise worth $15.4 billion during fiscal year 2020-21 owing to improvement over Covid-19 front and exemption granted to the export-oriented sectors. The textile sector held over 60% share in the total exports, the official lamented that it still lacked the government’s attention. Due to decline in cotton output and unavailability of cotton yarn, the production of value added textile sector has suffered immensely.