KARACHI: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Wednesday said ailing textile sector needs immediate attention of the government.
The sector is the largest urban employment provider and largest foreign exchange earner which deserves resolution of the problems which has taken toll on exports, it said.
Energy crisis, refund claims, input costs, the burden of the taxes, lack of enabling rules and other issues has increased the cost of doing business for this important sector, said Atif Ikram Sheikh, Chairman FPCCI Regional Committee on Industries.
He said that the current scenario is depressing as our production is restricted, exports are shrinking and we stand at a disadvantage as far as economy and government’s support is concerned.
Published in Daily Times, June 29th, 2017.
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