“Pakistan has a network of textile industries across the country including all the major clusters like weaving, dying, printing, hosiery and knitwear, apparel, towel, bed linen, denim, etc. Exchanging views with Muhammad Hanif Kasbati, Chief Executive of Pakistan Textile City Limited, he asserted upon the need of more industrialisation in the textile clusters for enhancing exports which will ultimately uplift the economy. He admired the initiative of Textile City on public and private partnership basis which is in the interest of the country and its citizens. .He stated that the present seven industrial zones in Karachi lack infrastructural facilities of proper roads, railway linkage and other basic amenities like energy, gas, water, etc. The textile policy framework focuses on improving textile industry’s competitiveness. .He stated that diversification of economic activities and industrial production is crucial. Major constraints and impediments to industrial development such as administrative bottlenecks relating to the provision of government services, red tape and time delays, tax administration, commercial laws, labour relations, etc, must be controlled”
Date:10/1/2013
Source:The Guardian