Islamabad: (RightNow) The Pakistan Textile Council has urged the Prime Minister to take immediate steps to boost exports. According to the council, textile exports increased by only 0.26% in the fiscal year 2025-26. In June 2026, exports decreased by 16.71% on an annual basis.

The council stated that industrial electricity tariffs and financial burdens are affecting global competitiveness. The lack of implementation of the export refinance scheme is causing difficulties for exporters. Cotton production is also limited to 5.5 million bales.

The council demands that the government reduce industrial electricity rates and immediately implement the export refinance scheme. It also calls for reducing the employer’s contribution rate in EOBI to 2%.

Council leader Fawad Anwar warned that if timely decisions are not made, the stagnation in exports could deepen. The council emphasizes that the textile industry seeks equal opportunities globally, not concessions.

It is noteworthy that Pakistan’s textile industry is a crucial pillar of the national economy and contributes significantly to exports. In recent years, it has faced challenges due to global competition.