M.harris
FULL MEMBER
- Joined
- Feb 16, 2013
- Messages
- 762
- Reaction score
- 0
- Country
- Location
ISLAMABAD: Exports of leather garments has reached $234 million in first seven months of current fiscal year as $221.5 million during the corresponding period last year, showing 5.6 % increase in revenue.
The leather garments exports in 2011-12 came down to $341.0 million as decline for the year as compared to 2010-11 was 15.65% in terms of value and 13% in terms of quantity.
According to a data released by Federal Bureau of Statistics (FBS) exports of leather garments during 2008-09 were $392.5 million, which increased to US$ 404.3 million in 2010-11, showing an increase of 3.0%.
The reasons for decline in export of leather garments were rising cost of production, little availability of leather and its high prices, law & order situation in Karachi in particular and Pakistan in general and energy crises.
The authorities also took steps in consultation with major players of leather sector to enhance the export of leather garments, which included release of Rs881.917 million from 1992-93 to March 5, 2013 for the leather sector from Export Development Fund.
Moreover, in order to improve supply chain of leather sector exports, 25% financial cost for setting up of design centers and labs has been provided by the Ministry of Commerce.
Installation of flaying machines in slaughterhouses at district level, request of Sialkot Chamber of Industry for provision of common effluent treatment plant for its leather industry has been agreed to and is currently under process.
During fiscal year 2011-12, Trade Development Authority of Pakistan (TDAP) organized Pakistan's participation in nine trade fairs and exhibitions of leather garments and its accessories. (APP
Leather garments exports fetch $234mn in seven months - geo.tv
The leather garments exports in 2011-12 came down to $341.0 million as decline for the year as compared to 2010-11 was 15.65% in terms of value and 13% in terms of quantity.
According to a data released by Federal Bureau of Statistics (FBS) exports of leather garments during 2008-09 were $392.5 million, which increased to US$ 404.3 million in 2010-11, showing an increase of 3.0%.
The reasons for decline in export of leather garments were rising cost of production, little availability of leather and its high prices, law & order situation in Karachi in particular and Pakistan in general and energy crises.
The authorities also took steps in consultation with major players of leather sector to enhance the export of leather garments, which included release of Rs881.917 million from 1992-93 to March 5, 2013 for the leather sector from Export Development Fund.
Moreover, in order to improve supply chain of leather sector exports, 25% financial cost for setting up of design centers and labs has been provided by the Ministry of Commerce.
Installation of flaying machines in slaughterhouses at district level, request of Sialkot Chamber of Industry for provision of common effluent treatment plant for its leather industry has been agreed to and is currently under process.
During fiscal year 2011-12, Trade Development Authority of Pakistan (TDAP) organized Pakistan's participation in nine trade fairs and exhibitions of leather garments and its accessories. (APP
Leather garments exports fetch $234mn in seven months - geo.tv
