PAKISTAN’S TEXTILE INDUSTRY DIVIDED OVER IFC ASSISTANCE TO REDUCE ENERGY CONSUMPTION

  PAKISTAN’S textile and clothing sector representatives have expressed conflicting views over an International Finance Corporation (IFC) initiative aimed at supporting textile industry efforts to reduce energy consumption with a view to improving sustainability. The All Pakistan Textile Mills Association (APTMA) termed the IFC move a very positive step for Pakistan’s ailing textile sector while the Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) thought otherwise, claiming the plan would not work because it doesn’t ...


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