What's new

Sukhbir bats for joint venture in textile sector

ajtr

BANNED
Joined
May 25, 2010
Messages
9,357
Reaction score
0
Sukhbir bats for joint venture in textile sector
In Lahore, Deputy Chief Minister says India and Pak Punjab can supplement each other’s industry
Tribune News Service


Chandigarh, November 7
Deputy Chief Minister Sukhbir Singh Badal today underlined the need for giving a big push to the textile industry as it had great potential of employment generation.

Speaking at a function organised by All Pakistan Textile Manufacturers Associate (APTMA) in Lahore, Badal, in an official statement, said the textile industry of Indian and Pakistan Punjab should join hands and supplement each other’s strength.

“The textile industry is quite developed in Pakistan as it constitutes more than 70 per cent of the country’s exports. And we in Punjab are actively pursuing the initiative of a textile park in the Malwa region,” he said.

Inviting APTMA delegation to Punjab, Badal said textile manufacturers of both Punjabs should explore the possibility of a joint venture to excel in competitive goods. He said an APTMA delegation should visit Punjab and discuss the opportunities available in the textile sector. Lauding the improvement in India-Pakistan trade ties, he said people on both sides of the border wanted to live in harmony and the governments of both the nations would have to bend before the people’s wishes.

Earlier, APTMA office-bearers spoke about the progress in textile sector in Punjab (Pakistan)and also honoured the Deputy Chief Minister and his Cabinet colleagues.

Punjab has been trying hard to retain its industry after Gujarat announced a new textile policy earlier this year, offering a slew of incentives. Punjab, therefore, was forced to constitute a committee to look into the issue in September. Currently, the state has 38 spinning mills. But, incentives in Punjab are a pittance as compared to those being offered by Gujarat.

In another development, India and Pakistan today rewrote another chapter in terms of strengthening India-Pakistan sports relations as Deputy Chief Minister Sukhbir Singh Badal and Chief Minister of Pakistan's Punjab Shahbaz Sharif inaugurated the eight-day Punjab Youth Festival-2012 and Dosti Cup for hearing and speech impaired teams.

Sukhbir described it as a historic day while Sharif termed it as golden day in India-Pakistan relations in the field of sports.

Sukhbir said he had been endervouring since past several years to promote traditional games, especially between India and Pakistan, as sports was the most effective confidence building measure. He said the two World Cup Kabaddi Tournaments organised by the Punjab Government had reiterated the resolve of people of both the countries to promote traditional games.
 
Back
Top Bottom