Islamabad: The Ministry of Commerce has completed a draft five-year (2025-30) Textile and Apparel Policy, set for submission to the Economic Coordination Committee (ECC) after inter-ministerial consultations, sources informed Business Recorder.
The policy aligns with the National Export Development Board’s (NEDB) targets under the Uraan Pakistan initiative, aiming for $29.381 billion in textile and apparel exports by FY 2029-30. Year-wise targets include: FY26 – $19.370bn; FY27 – $21.420bn; FY28 – $23.740bn; FY29 – $26.710bn; and FY30 – $29.381bn.
Before ECC review, the ministry will hold an inter-ministerial meeting to incorporate feedback from relevant stakeholders. The draft emphasizes value-added exports, local raw material utilization, high-tech investments, and sustainable practices including decarbonization, circular economy, and resource efficiency.
It also prioritizes workforce training and capacity building. However, industry stakeholders express skepticism, warning that without honoring industry recommendations and amid IMF program constraints, the policy risks remaining a paper document. They stress the need for a conducive business environment and genuine public-private collaboration to achieve export goals and strengthen the “Made in Pakistan” brand globally.