Textile exports rise 9.6pc in 1HFY25

The textile and clothing exports grew 9.67 per cent in the first half of 2024-25, data released by the Pakistan Bureau of Statistics showed on Monday. The textile exports maintained a bullish trend with robust growth of 13pc in August, 17.92pc in September, 13.11pc in October, 10.81 pc in November and 5.55pc in December, respectively. However, exports contracted 3.09pc in July -- the first month of 2024-25. Trade experts believe it would take a lot of struggle for the sector to compete with regional rivals due to the implementation of harsh taxation measures in the current fiscal year. However, the disruption in supply from Bangladesh has also boosted demand for Pakistani garments.