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November 12, 2006
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Sunday
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Shawwal 19, 1427
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R&D for all textiles category allowed
By Our Staff Reporter
KARACHI, Nov 11: The Ministry of Textile Industry has issued notification allowing Research and Development (R&D) support to all category of manufacturers and exporters of home textiles including bedwear and towels.
According an amended SRO 1128(1)2006, issued here on Saturday, the condition of having in-house facility of dyeing and printing have been removed, thereby, allowing all category of manufacturers and exporters of home textiles to get R&D support.
The Ministry of Textile Industry in August this year had allowed three per cent R&D support on export of dyed and printed fabrics and in home textiles three per cent for white fabrics and five per cent on dyed and printed fabrics.
The R&D will be given to the manufacturers and exporters of these categories of home textiles on the f.o.b. value of exports destined to Australia, Bangladesh, Canada, China, Egypt, EU, India, Indonesia, Japan Jordan, Lebanon, USA, South Africa, Malaysia etc.
Appreciating the government’s move business leaders of home textiles said that this would ensure level-playing field to all category of manufacturers and exporters and also help increase exports of textile goods.
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