Advertisement
Categories: News

IAF president urge Pakistani exporters to target emerging markets, embrace innovation

Advertisement

Pakistan’s garment and textile exporters should diversify their reach by targeting emerging and high-end markets, such as Russia, Central Asia, and the Middle East, stated CEM Altan, President of the International Apparel Federation (IAF).

Speaking at a press briefing on Friday, Altan emphasized the need for Pakistan’s textile sector to pivot from low-cost exports to high-value products like garments, fast fashion, sports apparel, and medical wear. He explained that these markets offer growth potential and that Pakistan could capitalize on opportunities lost by Bangladesh, which is grappling with political instability and governance issues.

Global fashion brands are increasingly looking for low-cost production hubs that prioritize ESG compliance and labor rights, Altan said, noting that established Pakistani brands stand in a favorable position to attract foreign direct investment (FDI) from various countries.

Altan also advised local textile manufacturers to modernize their supply chains by adopting technologies such as ERP systems, blockchain, and IoT. These digital tools could enhance transparency, streamline production, and improve inventory management. Additionally, he encouraged Pakistani brands to expand their e-commerce presence and support local manufacturers in joining international online marketplaces like Amazon, Alibaba, and Etsy, enabling them to reach a broader global audience.

Ijaz Khokar, former chairman of the Pakistan Readymade Garment Manufacturers and Exporters Association (PREGMEA), expressed optimism about exploring new markets, particularly Russia. He believes that with proper banking channels established between Pakistan and Russia, the export potential could rival that of North American markets. Beyond textiles, Khokar highlighted potential for Pakistani companies in leather goods and fashion wear exports.

Khokar noted that in recent weeks, Pakistani exporters have been receiving additional orders from Bangladeshi buyers, with orders from other South Asian markets expected to grow in the coming months.

Under the Pakistan Readymade Garment and Exporters Association (PRGMEA), local textile and apparel producers are planning to host the World Fashion Convention in Pakistan in 2026. This will be the second time Pakistan hosts the event, following the inaugural convention held in 2019.

According to Khokar, the convention will benefit Pakistan’s textile sector significantly, adding that government support would be crucial for its success. Khokar advocated for government-backed research and development centers, textile clusters, packaging facilities, and fashion design hubs, established in collaboration with the private sector.

These resources would boost garment and apparel exports and help expand Pakistan’s reach in global markets. He highlighted the successful response from TEXPO Pakistan, which he expects will be reflected in future export growth. He also proposed the launch of TEXPO Pakistan in Dubai to capture additional buyers from the region.

Advertisement
Muhammad Yasir

Muhammad Yasir is an online content editor and senior journalist with fifteen years of experience in the field. He specializes in business, telecommunications, finance, and technology sectors. Muhammad Yasir has fulfilled senior reporter duties for both National English and Urdu.

Recent Posts

PM Shehbaz Removes PTV Fee from Electricity Bills, Launches Consumer-Led Billing App to Curb Overcharging

Prime Minister Shehbaz Sharif announced on Sunday the complete elimination of the PTV licence fee…

8 hours ago

Strengthening Educational Assessment in Balochistan: AKU-EB Concludes Capacity Building Project with Balochistan Assessment and Examination Commission

The Aga Khan University Examination Board (AKU-EB) has successfully concluded a capacity development and technical…

8 hours ago

Revolutionizing Pakistan’s Digital Landscape: USF Launches 7 New Broadband Services/Ofc Projects of Pkr 7.49 Billion to Enable 3.76 Million Residents From 12 Districts

In a landmark decision, the Universal Service Fund's (USF) Board of Directors has greenlit seven…

8 hours ago

Pakistan Enters Top 100 of Global Passport Index, Eyes Further Gains with Digital Upgrades

Pakistan’s passport has made a notable leap in global mobility rankings, entering the top 100…

1 day ago

International Survey Reveals Pakistanis Support Actions to Address Climate Change

An international survey conducted across 17 total countries, including Pakistan, was commissioned by the Global…

1 day ago

Pakistan’s first AI data center launched

Data Vault Pakistan has officially launched the country’s first AI-focused data center in Karachi, a…

1 day ago