Month on Month basis, Knitwear garment exports posted an increase of 16.25 percent to $248 million in January 2019 as compared to $213 million in January 2018. Muhammad Jawed Bilwani, Central Chairman, Pakistan Hosiery Manufacturers & Exporters Association (PHMA) has said that provided the government accords deserving considerations to proposals of textile industry and its implementation and with continuous support, knitwear garment sector's can achieve new milestones and its export can be enhanced 20 percent every year.
Bilwani said that Knitwear Garment Sector is ranking on the top of Textile Group for last three years since 2015-16 also provides highest employment in the Textile Group. Knitwear Sector includes knitted products of Hoodies, Shirts, T-Shirts, Jersey, Pullover, Trousers, Jackets etc. World's knitwear garment products imports stood at $225 billion annually and there are massive opportunities for Pakistani exporters, he added.
He appreciated the government for taking out all necessary measures for enhancement of exports by according priority to export sectors and introducing separate tariff of Gas and Electricity enabling them to enhance the export efficiency.
He also said that if the government gives genuine considerations to the proposals of knitwear sector and address all their problems and issues, knitwear sector alone would be 50 percent of total textile in next few years. He also termed the knitwear sector as the lifeline of exports and said that Pakistan being the fifth largest cotton producer can earn more foreign exchange.