The government must devise a workable strategy for the up gradation of
existing SMEs working under textile sector, said Syed Zia Alumdar
Hussain, President Faisalabad Chamber of Commerce & Industry (FCCI).
He stated this while addressing the 3rd "Knit to Achieve" event in
which innovative products developed by the students of the knitwear
department of the National Textile University of Faisalabad (NTU) were
displayed.
Syed Zia said, "This city is contributing 20% share
towards the total national exports in addition to the 45% share in the
total textile exports of the country." He told that Faisalabad has
state-of-the-art textile composite units in textile and other sectors,
but the real economic strength of this city rests with its SME sector.
He
said that value addition in these units is imperative not only for
their own survival but also for the development of Pakistan.
He
said that NTU is the prime institute of textile sector as it has highly
qualified faculty and latest laboratories. He further said that major
units have their own dedicated labs and R&D sections but the small
units could not afford this luxury due to financial constraints.
He
urged upon the experts to develop cheap technology to introduce value
addition in SME sector. He said that this technology could be specially
designed for its easy assimilation by the SME sector without adding any
additional financial burden on these units.
Mian Muhammad Adrees,
former president of Federation of Pakistan Chamber of Commerce &
Industry (FPCCI) said that soft image of Pakistan should be promoted at
international level to give quantum jump to our exports.
He said
that we must ensure best environment to our employees so that they could
feel comfortable and prefer to stay with their employers.
Robeena
Amjad, President Faisalabad Women Chamber of Commerce & Industry
(FWCCI) also participated in this meeting while they also visited the
stalls and appreciated the innovative products developed by the students
of Knitwear Department of the NTU.
Source: Business Recorder, Pakistan Friday, 15 February 2019