Textile industry unveils $50 billion export plan
Islamabad: The textile industry has submitted an ambitious plan to the government to meet the $50 billion export target as it comes up with a series of recommendations to remove barriers and provide incentives to expand access to international markets. The industry has proposed setting up 1,000 garment factories on a fast track to generate exportable surplus and diversify the export basket. Each factory will consist of 500 sewing machines with an investment of $5 million, produce garments for export worth $20 million annually and create 1,000 jobs. In a presentation given to the Export Advisory Council for Textiles, the
