Press Releases
Pakistan Textile Council Urges Immediate Government Intervention Amidst Escalating Transport
Disruptions
Islamabad, April 27, 2025 — The Pakistan Textile Council (PTC) expresses deep concern over the ongoing transportation disruptions that have severely impacted the nation’s economy and trade.
Pakistan Textile Council Urges FBR to Exercise Caution in Amending Export Facilitation Scheme
Islamabad, 6th March 2025 – The Pakistan Textile Council (PTC) in a letter addressed to Secretary Export Policy (FBR) has given suggestions on proposed amendments to the Export Facilitation Scheme (EFS) circulated by the Federal Board of Revenue (FBR), as any modifications that fail to safeguard the interests of the industry could negatively impact Pakistan’s exports.
Pakistan Textile Council (PTC) Hosts Delegation from International Cotton Advisory Council (ICAC) to Strengthen Sustainable Cotton Production and to meet the international quality and sustainability standards
Islamabad, February 1, 2025 The Pakistan Textile Council (PTC) today welcomed a distinguished delegation from the International Cotton Advisory Council (ICAC), led by Executive Director Mr. Eric Trachtenberg and Director of Textiles Mr. Kanwar Usman. The delegation was accompanied by Dr. Yusuf Zafar, Vice President of the Pakistan Central Cotton Committee (PCCC) under the Ministry of National Food Security and Research.
PTC Decries Gas Tariff Hike for Captive Power Plants as a Blow to Pakistan’s Textile Exports and Exhibits Anti-export Bias
Islamabad, January 26, 2025 PTC Decries Gas Tariff Hike for Captive Power Plants as a Blow to Pakistan’s Textile Exports and Exhibits Anti-export Bias.The Pakistan Textile Council (PTC) which represents 30% of Pakistan Textile export earnings, expresses its grave concerns over the Economic Coordination Committee’s (ECC) recent decision to increase the gas tariff for Captive Power Plants (CPPs) from Rs 3000 per MMBtu to Rs 3500 per MMBtu.
In wake of declining cotton production in Pakistan – Pakistan Textile Council (PTC) and Better Cotton Initiative (BCI) Sign an MoU to Promote Sustainable Cotton Production in Pakistan
Islamabad, January 15, 2025 – Cotton production in Pakistan has been on a constant decline for last many years now. According to the Pakistan Cotton Ginners Association (PCGA) report, as of December 31, 2024, the total cotton arrivals in Pakistan stood at 5,452,250 bales, compared to 8,171,082 bales in the previous year, reflecting an overall decline of 33.27% in cotton production in 2024.
Pakistan Textile Council Urges Urgent Policy Recalibration to Safeguard Textile Industry Amid Economic Pressures
Islamabad, 13th January 2025 — The Pakistan Textile Council (PTC) has issued an urgent appeal to the Federal Minister for Finance and Revenue, Mr. Muhammad Aurangzeb,
emphasizing the critical need for immediate policy intervention to prevent the collapse of
Pakistan’s textile industry.
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Pakistan Textile Council Expresses Grave Concern over the news that Government is considering Gas Price
Islamabad, January 2, 2025 – The Pakistan Textile Council (PTC), under the leadership of Chairman Mr. Fawad Anwar, has issued a pressing appeal to the government to reconsider the anticipated increase in gas prices for captive power plants (CPPs) to over Rs. 4,000 per MMBtu.
Chairman PTC Expresses Concern Over Economic Growth and Industrial Contraction
Islamabad, December 31, 2024 Chairman of the Pakistan Textile Council (PTC), Mr. Fawad Anwar, has voiced serious concerns regarding Pakistan’s economic performance in the first quarter of FY 2024-25. According to official data, the country recorded a meager growth rate of 0.92%, while the industrial sector contracted by 1.03% during the same period.
Pakistan Textile Council calls for energy cost reduction and interest rate cut
ISLAMABAD: The Pakistan Textile Council, representing nation’s leading textile and apparel exporters, has requested the goverrnment to reduce energy prices and bring interest rates down. PTC has requested the Prime Minsiter for his personal intervention to address the most pressing such issues and help start restoring competitveness of the value added exporters.
In view of the recent news about the SBP’s now discontinued Temporary Economic Refinance
Facility, TERF, Pakistan Textile Council believes it is pertinent to put some facts on record.
SBP had launched TERF as part of the Covid package in April -May 2020, with a sunset date of March 2021. Those were unprecedented times. Pakistan like the rest of the world also went about supporting its manufacturing and social bases. This package, however, added to its productive industrial capacity with more employment opportunities. It helped push the economic frontier.
PTC for cut in energy cost, interest rates
ISLAMABAD: The Pakistan Textile Council (PTC), representing nation’s leading textile and apparel exporters, has requested the government to reduce energy prices and bring interest rates down. PTC has requested the Prime Minister for his personal intervention to address the most pressing such issues and help start restoring competitiveness of the value-added exporters.
Textile millers oppose diversion of gas to other sectors, fear closure of units
All Pakistan Textile Mills Association (APTMA) has feared closure of export oriented units in case of curtailment of gas supply to the textile industry. Referring to media reports that thefederal government was considering allocation of 110 MMCFD gas to a sector, the association’s north zone chairman, Hamid Zaman said any endeavor to curtail supply of gas to export industry to divert to any other sector would tantamount to signing of death warrants of textile industry in the country, especially in Punjab.
Chemical used in textile industry could cause Parkinson’s disease
A chemical previously used in dry cleaning could cause Parkinson’s disease, according to new research. Seven high-profile individuals – including a former basketball star, a Navy captain and a late U.S. Senator – developed the disease after exposure, scientists said.
