LAHORE    -  All Pakistan Textile Mills Association (Aptma) Punjab Chairman Adil Bashir has urged the Punjab government to take up with the federal government for early implementation of the revival initiatives for textile industry in the province.

He was speaking on the occasion of the visit of Punjab Minister for Industries, Commerce and Investment Department Mian Aslam Iqbal to the Aptma Punjab office the other day.

He said the federal government has agreed in principle to revive closed capacity in the province involving billions of dollars export potential and sustainable jobs in the province.

The Aptma chairman said the Punjab-based textile industry was expecting an immediate notifications for regionally competitive energy both electricity and gas, withdrawal of custom duty/sales tax on the import of raw materials (i.e. cotton & polyester) short in supply for industry consumption, including removal of non tariff barriers on import of cotton through Wagah.  He also stressed to liquidate all textile Industry refunds of sale tax, income tax, policy & package initiatives and eligibility for availing LTFF to indirect exports.

In his response, the Punjab Minister for Industries said the revival of export-oriented textile industry in Punjab was part of the manifesto of Pakistan Tehreek-e-Insaf and the federal government was committed to implement it in letter and spirit.

He said both Prime Minister Imran Khan and Federal Finance Minister have committed publicly to steer the Punjab-based textile industry out of a crisis like situation by reducing its cost of doing business and he would also take up this matter with the federal government in his meeting likely to take place soon. 

The Minister also desired from APTMA to present plan for revival of closed capacity mentioning therein the measures for resolving issues of the industrial units.