KARACHI, October 24 2024: The All Pakistan Textile Mills Association (APTMA) is calling on the Monetary Policy Committee (MPC) to reduce interest rates by at least 400 basis points in its upcoming meeting on November 4, 2024. In light of the current economic climate, APTMA emphasizes that immediate action is necessary to alleviate financial pressures…
Lahore, February 25, 2021: All Pakistan Textile Mills Association (APTMA) has out rightly rejected proposal of allowing import of Cotton Yarn from India. Zahid Mazhar, Sr. Vice Chairman APTMA, while commenting on the statements of Pakistan Hosiery Manufacturers Association and Pakistan Textile Exporters Association said that their narrative is not based on facts and they…
Downstream supply chain to resume operation Karachi, May 06, 2020: Mr. Zahid Mazhar, Chairman, APTMA Sindh-Balochistan Region demanded the Government of Sindh to allow the entire textile value chain to restart their production activity without any further delay otherwise the textile industry of the province would not survive and lead to total closure and massive…
Karachi, March 31, 2020: All Pakistan Textile Mills Association (APTMA) has appreciated all the positive steps the Government has undertaken to combat the extremely negative impact COVID-19 is having on Pakistan’s economy. Given that the great majority of export orders have either been deferred or canceled the entire textile sector is in crisis. Europe and…
Karachi, March 19, 2020: Zahid Mazhar, Chairman – All Pakistan Textile Mills Association, Sindh-Balochistan Region has demanded the government to take drastic measures to save export-oriented textile industry from the negative economic impact of Novel Coronavirus (COVID-19) as since its outbreak in mid-December 2019, has caused turmoil in the world’s second-largest economy, China, with a trickle-down…