Government is inclined to revitalize the textile sector, as said by Razak Dawood.
Abdul Razak Dawood—the Adviser to the PM for Commerce and Investment said that the government was making all efforts to boost the textile sector of Pakistan, as per the reports of local media.
While talking to a delegation of All Pakistan Textile Mills Association—APTMA, who called on the advisor to his office, Razak Dawood said that the government would soon be releasing the funds under the new policy scheme.
During the meeting, other topics like liquidity crunch, textile value addition, access to fiancé and other issues were also discussed. The advisor gave assurance to the APTMA delegation that the government would be addressing all their issues on a preferential basis.
Previously on the 5th of September, the adviser to the PM on Commerce, Production, Industries and Textile had said that the government was taking all the measures for reviving the ailing textile units in the country.
He said that the government is taking steps for attracting the domestic and foreign investment for new plants and operationalization of the suffering units of the textile sector on a competitive basis.
As per a press release issued by the Ministry of Textile, the meeting had discussed issues regarding the textile industry for boosting the export of the country.