Posts tagged ‘BOI’

June 30, 2011

Textile Asia 2010

Pictures available now

cont: mr. farooq

03332355205
































































PRESS RELEASE

Federal Advisor on Textile Inaugurated 7th Textile Asia 2010, Today, amid enormous fervor and enthusiasm at Karachi Expo Center

Karachi, April 10, 2010: Dr. Mirza Ikhtiar Baig, Federal Advisor on Textile, Ministry of Textile Industry inaugurated 7th Textile Asia 2010, the Int’l Textile & Garment Machinery Show. H.E. Mr. Rida El Farsi, Ambassador of Morocco, Mr. Ishtiaq Baig, Honorary Consul General of Morocco, Mr. V.S. Sidhat Kumar, Consul General of Srilanka, Mr. Abdul Ahad Khaliqyar, Consul General of Afghanistan with foreign delegates were also present at the Ribbon Cutting Ceremony. The 3-day Event is organized by Ecommerce Gateway Pakistan.

Textile Asia 2010, the Int’l Textile & Garment Machinery Show is the only UFI (Paris) Approved Event of the industry in South Asia, which provides enormous opportunities of learning, information sharing, mutual cooperation and combined projects to all the stakeholders in the most opportune sector of Textile in Asia.

Textile and Garment are two of Pakistan’s principal industries contributing more than 67% to total export earnings, accounting for around 46% of total manufacturing and employing over 38% of the manufacturing labor force. Over USD 3.5 billion of textile and garment machinery has been imported in Pakistan in the last few years that has significantly improved the quality and productivity of Pakistan textile products in the last few years and the Government of Pakistan is targeting over USD 10 billion of exports of textiles and garments made-ups in the successive years.

The International Textile Asia 2010 International Garment & machinery Exhibition is one of the most promising and enduring Events to be held for the 7th successive year and is proud to be the official event of the Federal Ministry of Textile Industry. The event is being organized at the most opportune time when the government is looking forward to modernize and upgrade the textile sector of the country for better quality products and enhanced productivity. The exhibition aims to focus on the immense buying selling potential of textile & garment machinery, accessories, raw material supplies, chemicals and allied services under one roof.

7th Textile Asia 2010, the Int’l Textile & Garment Machinery Show is being organized with the support of Trade Development Authority of Pakistan (TDAP), Ministry of Textile Industry, Board of Investment (BOI), Government of Sindh, City District Government Karachi (CDGK), China Texmatech Co., China Textile Machinery Association (CTMA), Textile Machinery Manufacture and Accessories Association (TEMSAD), Tuyap Fairs & Exhibitions Organization Inc. Turkey, All Pakistan Textile Mills Association (APTMA), Pakistan Cotton Fashion Apparel Manf. & Exp. Association (PCFA), All Pakistan Textile Processing Mills Association (APTMA), Pakistan Knitwear & Sweater Exporters Association (PAKSEA), Pakistan Readymade Garment Manufacture & Exporters Association (PRGMEA), Pakistan Hosiery Manufacturing Association, Pakistan Bedwear Exporters Association, Pakistan Yarn Merchants Association, Towel Manufacturers Association of Pakistan, Pakistan Commercial Exporters of Towels Association, Korea Trade-Investment Promotion Agency (KOTRA), Pakistan Textile Journal, Jamal’s Yellow Pages and all the related government departments/bodies.

Textile Asia will display revolutionary technologies of more than 349 international brands from 37 countries, besides more than 40,000 trade/corporate visitors and more than 212 foreign delegates are attending the event.

=================

Speech of the Chief Guest Dr. Mirza Ikhtiar Baig,

Federal Advisor on Textile, Ministry of Textile Industry,

Government of Pakistan at Inauguration Ceremony of

7th Textile Asia 2010 Int’l Exhibition

at Karachi Expo Centre

President Ecommerce Gateway, Dr. Khursheed Nizam, Executive Director Ecommerce Gateway, Mr. Sohail Aziz, Foreign Delegates distinguished guests, My Media Friends, ladies & gentlemen

Assalam-o-Alaikum

Its my privilege to be present at the Inauguration Ceremony of 7th Textile Asia 2010 Int’l Exhibition, the annual Textile and Garment Machinery Show of Textile Industry of Pakistan.

I am delighted to learn that more than 212 foreign delegates are attending Textile Asia this year. I welcome the foreign delegates and encourage them to capitalize from the immense unexplored business opportunities Pakistan offers. 349 international brands from 37 countries are being demonstrated at Textile Asia.

Textile Asia is a landmark event that is in line with the thrust of the government’s agenda to promote investment in the Textile sector of Pakistan. This event fully reflects the investment potential Pakistan offers for modernization of the textile sector and the scale of international participation reflects their confidence in the potential for business and trade in Pakistan; in the present leadership and the future of Pakistan.

This is mainly due to the laxity towards the promotion of value added sector. Pakistan should learn a lesson from Bangladesh, which, by importing yarn and fabrics from Pakistan and other countries, has increased the export volume of Textiles made ups. The new five year Textile Policy (2009-2014) focus to promote Value added sector in Textiles.

Distinguished Guests and delegates;

Pakistan is transforming itself from being a stagnant economy to fast-paced emergent economy as a result of the structural reforms introduced by the present government in the areas of investment, business and trade in

Page 1 of 4

addition to covering social, political, judiciary and security. The present government’s policies of regularization, privatization and liberalization have given a boost to the industrial and commercial activities in all sectors alike. The results of such initiatives are visible in the form of these successful international exhibitions organized by Ecommerce Gateway.

The geographical location of Pakistan warrants unique proposition to make investments here. As Pakistan lies at crossroads to South Asia, Gulf and Central Asia, it gives direct market access to more than half a population of the world that lives here.

Investors enjoy full legal protection for their investment; have 100 per cent equity with no bar on transfer of dividends which is a proof that Pakistan has one of the most congenial business environments in the region. It is noteworthy that 500 to 600 foreign firms are operating in Pakistan.

Distinguished Guests and delegates;

Now, I would like to draw your attention to what opportunities await for you in the textile sector of Pakistan and will present a brief of the initiatives taken by the present government to facilitate investment in this important sector of Pakistan.

I would like to clarify that no Pakistani Industries are shifting to Bangladesh. The Bangladeshi currency is now stronger compared to the currencies of many countries in the region and their textile & apparel exporters are losing competitiveness due to the strong taka against the dollar. Furthermore they are also facing shortage of natural gas for the industries. Recently they have cut gas supply to their Fertilizer Industries.

LITTLE ABOUT OUR TEXTILE INDUSTRY

The present Global Scenario of Textile Industry with particular reference to the position of Pakistan in the International Textile Market is given here for the interest of our readers. The demand for textiles in the world is around $18 trillion, which is likely to be increased by 6.5%. China is the leading Textile exporter of the world’s total exports of US$ 400 billion. Country wise major market shares of the textile exporting countries are: China: $ 55 billion, Hong Kong:$ 38 billion, Korea: $ 35 billion, Taiwan:$ 16 billion, Indonesia and Pakistan:$ 9 billion.

Though Pakistan has emerged as one of the major cotton textile product suppliers in the world market with a share of world yarn trade of about 30% and cotton fabric about 8%, having total export of $ 7.4 billion which accounts for only 1.2% of the over all share. Out of this Cotton fabric is 0.02%, Made-ups is 0.18% and Garments is 0.15%.

To facilitate business and trade, Pakistan is aggressively taking up with EU and USA to give duty free market access to Pakistani textile products and Honorable Prime Minister of Pakistan is going to Brussels this month for an important meeting with EU in this regard. Pakistan has also raised this issue of market access with US in the recent Pak-US Strategic Dialogues. Moreover, Pakistan is also strengthening economic co-operation with regional countries and have already signed FTA with China and Sri Lanka.

Page 2 of 4

Textile sector is the backbone of our economy having 55% of our total exports and 38% job creation in the manufacturing sector and holds great importance as it significantly contributes to our exports and foreign exchange earnings. Keeping the said opportunities in view, modernization and up gradation of Textile sector is important to improve the quality of value added products Pakistan exports and to make the country better equipped for competing in the world. In addition, it would also help create jobs; alleviate poverty and assist the present government fight terrorism and extremism.

OUR STRENGHTS ARE:

  • 4th largest producer of Cotton Yarn and Cloth in the World after China which is No. 1.
  • We have signed MOU with Monsanto for BT cotton to improve the yield per acre which is now low and at 13th position in the world.Ranks 2nd in export of yarn and 3rd in export of cloth.
  • We have large spinning capacity – with major part of European, Japanese & Chinese Machinery.
  • Ample availability of cheap labour.
  • Good markets for products.
  • Large domestic market.

WHEREAS WEAKNESSES ARE:

  • Low productivity resulting in high labour costs.
  • Limited skills development facilities.
  • Low value addition
  • Small product and market base
  • Little Research and Development

GOVT. INITIATIVES:

  • Textile City in Karachi
  • Garment Cities in Karachi, Lahore and Faisalabad.
  • Industrial Park in Karachi
  • Dedicated Economic Zones

The present government has identified textile as a key priority area and is making all possible efforts to set the right policies and incentives that encourages private sector investment in value addition and expansion in a bid to gain wider access to the international markets. We have fixed an ambitious target of US $ 25 Billion till 2014 in the new five year Textile Policy with 2 times value addition target.

Pakistan has also embarked on a wide-ranging initiative to increase its attractiveness to foreign investors in the textile sector. The new Textile Policy 2009-2014 announced by the government of Pakistan allows various incentives including concessional financing (LTF) to encourage capital investment in value added textile sector. The government of Pakistan has also withdrawn custom duty on import of plant and machinery by the manufacturing industries and working hard to get duty free market access for our textile products for EU and US markets. Our Textile Industry has invested US $ 6 Billion under BMR during 1999 to 2003.

Page 3 of 4

Distinguished guests and delegates;

I would like to invite the participants in joint ventures to take advantage of investment friendly environment in Pakistan and exploit the untapped potential textile sector offers as we gear up for increasing our share of value added textile products in the world market.

I assure you that the government of Pakistan will leave no stone unturned to provide an environment that guarantees security of investment made in Pakistan.

In the end, I would like to appreciate the efforts of Dr. Khursheed Nizam & the team of Ecommerce Gateway for organizing this wonderful event. Organization of such exhibitions not only plays an important role in furthering present government’s agenda to attract foreign investment and promote business but also highlights the corrective image of Pakistan as a safe and secure place for business.

I wish Textile Asia 2010 a great success and Foreign Delegates a pleasant stay in Pakistan.

Thank you.

Pakistan – Paindabad.

Advertisements
Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
June 30, 2011

MEGATECH 2010

The 8th edition of the International Machinery Exhibition of Garment & Textile Technology

MEGATECH Pakistan 4 – 6 MARCH 2010, KARACHI EXPO CENTRE is poised to introduce overseas suppliers of textile & garment materials, accessories & parts and machinery to the textile industry of Pakistan. This will complement their efforts for high quality, value added products and assist them to further develop their business in the export markets.

The event is an excellent platform for textile machinery manufacturers to maximise their exposure, establish new business leads and strengthen existing contacts with the local market. The show is well attended by textile and garment manufacturers, exporters, key decision makers and distributors from across Pakistan.

VISITOR PROFILE

Textile Manufacturers

. Garment Manufacturers

. Knitwear Manufacturers

. Garment & Textile Machinery Importers & Exporters

. Leather Goods Manufacturers

. Laundry Operators & Drycleaners
BRIDGING THE INTERNATIONAL & LOCAL TEXTILE MARKETS
Pakistan is ranked as the world’s fourth largest producer and the third largest consumer of cotton, with a spinning capacity of 2.89 million kgs of yarn and weaving capacity of 8.94 million sqm of cloth. The textile industry of Pakistan contributes over 50% to the country’s total exports with an investment of US$ 7 billion over the past six years. Textile exports in the last fiscal year were US$ 9.48 billion. There are more than 4000 textile related industrial units operating in Pakistan out of which 90% of the units are using latest machinery and imported parts. In order to facilitate the local textile industry, the Government of Pakistan has allowed duty free import of a wide range of textile machinery and equipment. This has opened a gateway of opportunities for leading machinery and equipment manufactures.
The unprecedented developments in the textile industry have increased the importance of MEGATECH Pakistan in this region. Over the years the show has gained an excellent reputation at an international level and is recognized as a business-intensive event for the textile and garment industry.

Last year, the event had the presence of more than 400 companies representing 28 countries. The show was visited by 8,000 business professionals affiliated with the textile and garment industry. In addition, there was a High Level Technical Textiles Conference, which brought together eminent industry professionals to share their knowledge and technical expertise with the participants.
The 8th edition of the International Machinery Exhibition of Garment & Textile Technology – MEGATECH Pakistan is scheduled from 4 – 6 March, 2010, at the Karachi Expo Centre. It is poised to introduce international suppliers of textile machinery and its related parts & accessories to the textile industry of Pakistan and to discuss areas of mutual interests with their Pakistani counterparts. This year, the exhibition will have special emphasis on technical textiles and textile engineering, enlightening the trade visitors with new technology and modern methodologies being used for textiles and garments manufacturing.
MEGATECH 2010 is also organising a ‘Knowledge Village – Pavilion’ for leading local textile research and development universities/institutes to display their research projects with the latest innovations and developments catering the local textile industry. The pavilion is aimed at creating synergy between textile industry and research centres of local textile university/institutes to explore new avenues of business in the textile industry.
The 3rd International Technical Textiles Conference co-located with MEGATECH 2010, will emphasise on the advancements in Medical and Geo textiles. The conference will be a unique opportunity to gain valuable insights of experts from U.K., India, Sri Lanka and Pakistan about the nature and prospects of technical textiles.
With the strong support of Ministry of Textile, Board of Investment (BOI), Engineering Development Board (EDB), leading textile associations of Pakistan, and The Faisalabad Chamber of Commerce and Industry (FCCI); MEGATECH Pakistan 2010 is geared up as the first show of the season and is attracting a good number of visitors from leading textile cities especially from Faisalabad, Lahore and Karachi. In addition, 16 international and local publications are supporting the event providing global and nationwide coverage.
Many international textile machinery manufacturing companies are joining MEGATECH Pakistan to showcase the products to their target market as it continues to attract key visitors from all the major textile cities of Pakistan. MEGATECH being the preferred show of the local textile industry will once again be an ideal opportunity for textile machinery manufacturers to increase their business leads and increase their existing market portfolio.

Pakistan’s textile industry is the major contributor to the national economy in every aspect, be it exports, share in manufacturing or employment generation. Pakistan holds the distinction of being the world’s 4th largest producer of cotton as well as being the 3rd largest consumer of the same. In the period July 2007 – June 2008, textile exports were US$ 10.62 Billion and accounted for 55% of the total exports.

The International Machinery Exhibition of Garment and Textile Technology (MEGATECH Pakistan) is a leading annual exhibition that is organised by Pegasus Consultancy to boost the capabilities of the Pakistani textile industry. The 7th edition of the show will be held at the Karachi Expo Centre from 3rd to 6th March, 2009.

MEGATECH PAKISTAN 2009 will broaden opportunities for the foreign textile machinery manufacturers to enter Pakistan’s textile market and engage in profitable business ventures. More than 300 international and local companies are expected to participate in the show mainly from Italy, Turkey, China, Germany & Taiwan.

At the same time, the leading local textile and garment players as well as prominent buyers from the Middle East and South Asian region will witness new technologies for upgrading their production facilities. Exporters, importers and trade associations will benefit greatly by interacting with their international counterparts and exploring new avenues for expansion of textile trade.

Another important feature of MEGATECH PAKISTAN is the 2nd Technical Textiles Conference, scheduled to be held from 4 – 5 March, 2009. The conference is a joint collaboration of Pegasus Consultancy and Textile Institute of Pakistan to highlight the application of nonwoven fabrics as technical textiles. The conference will be addressed by eminent international speakers from countries like U.K., Hong Kong, India and Turkey. Distinguished professors from the leading textile universities of Pakistan will also present technical papers at the conference.

The show is endorsed by the Ministry of Textile Industry & Textile Commissioner’s Organisation, while it is also actively supported by government bodies and trade associations including Board of Investment (BoI), Engineering Development Board (EDB), Textile Machinery Manufacturers and Supplier’s Association of Pakistan (TEXMAP), All Pakistan Bedsheets & Upholstery Manufacturers Association (APBUMA).

Others include Pakistan Bedwear Exporters Association (PBEA), Pakistan Cloth Merchants Association (PCMA), Pakistan Knitwear & Sweater Exporters Association (PAKSEA), Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA), All Pakistan Textile Mills Association (APTMA), All Pakistan Textile Processing Mills Association (APTPMA), Pakistan Hosiery Manufacturers Association (PHMA), Pakistan Textile Exporters Association (PTEA) and Towel Manufacturer’s Association of Pakistan (TMA).

MEGATECH Pakistan 2009 willalso be covered by a large number of local as well as foreign media partners, including 15 supporting publications from different parts of the world.

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,