The Trade Development Authority of Pakistan CEO Zubair Motiwala has stressed the need for more value-addition and exploring new markets in textile exports, besides focusing the Research and Development (R&D) to enhance the productivity and quality of the products.
Addressing a reception hosted in his honor by the PRGMEA former chairman Ijaz A Khokhar, the TDAP Chief said that there is a need to search non-traditional markets, as there are multiple opportunities in the growing economies of African countries since China and India have already focused on these regions.
The meeting was attended and addressed by TDAP Secretary Dr. Fareed Iqbal while Customs Collector Saima Aftab was also present along with the all stakeholders of SMEs hub of Sialkot, who are doing the highest value-addition in their business, including SCCI, PRGMEA, PHMA, Surgical, Sports goods, Glove and Leather Garments Associations.
The heads of Sialkot Dry port, Tannery Zone and Air Sial were among the major participants of the high-level meeting. The TDAP CEO agreed with the views of the stakeholders and ensured them of resolving their issues, terming them one of the most crucial matters faced by the exporters of this great SMEs hub of the country.
Zubair Motiwala observed that the value-added textile exporters are front row soldiers of the economy and despite multiple challenges they are earning billions of dollars foreign exchange for the country.
He appreciated the efforts of the Sialkot-based industry and said that they have made the highest value addition through R&D to improve the productivity and quality of the products.
Zubair Motiwala said that the economy is facing a very tough time and cost of doing business is increasing day by day.
