Carpet Industry Has Potential To Dominate Global Markets: PCMEA
Mohammad Ali (@ChaudhryMAli88) Published November 29, 2020 | 05:50 PM
LAHORE, (UrduPoint / Pakistan Point News - 29th Nov, 2020 ) :The Pakistan Carpet Manufacturers and Exporters Association (PCMEA) said on Sunday that country's carpet industry had great potential to dominate global markets with innovative designs.
PCMEA Senior Vice Chairman Riaz Ahmed stated this in a meeting here at Carpet Training Institute (CTI) and a several members of the association also participated in the meeting through video link due to second wave of Covid-2019 pandemic.
They also submitted their proposals to increase the exports of Pakistani carpets in the international market.
On the occasion, Riaz Ahmed said that social media could be used as a tool for suitable marketing to increase exports of the country in a befitting manner. He said that industry could contribute substantially to country's export revenues annually. However, he added, the international markets of many countries were being ignored, due to which, the carpet industry is unable to gain more and positive results. He suggested the government to take measures to reduce cost of production and provide facilities to exporters to achieve result-oriented targets.
He also urged the government to form a think-tank to study the international market of developed countries. "We should not ignore even a small country by keeping in mind that it was in the best interest of the country as well as carpet industry and the social media is a perfect platform to gain the positive results," he remarked.
The PCMEA leader also suggested the government to direct the officials in Pakistani embassies to make a directory of those doing carpet business so that exporters could contact them easily. He said these foreign businessmen should be invited in the embassies. He said after this, Pakistani manufacturers would be informed about the results of these meetings so that they could be updated about the tendencies of different products besides knowing about market trends. He also demanded the government to take measures for the solution of problems being faced by the exporters.
Related Topics
Recent Stories
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 5 May 2024
Today Gold Rate in Pakistan 05 May 2024
Bugti assures transporters for addressing their problems
Deputy Prime Minister and Foreign Minister, Mohammad Ishaq Dar meets foreign min ..
3 drug peddlers arrested, hashish recovered
1496,990 children given polio drops in five days: DC
Six terrorists killed, hideout busted in N Waziristan IBO: ISPR
Pakistan, Qatar agree to further expand trade, investment ties
Sindh cabinet approves Rs177.5m to strengthen, mobilize various wings of police
Faisal Karim Kundi takes oath as new KP Governor
Azad Jammu and Kashmir Prime Minister Anwaar ul Haq Chaudhry seeks more vibrant ..
Tahaffuz Manzil Foster Home providing care & support to homeless children
More Stories From Business
-
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 5 May 2024
50 minutes ago -
Today Gold Rate in Pakistan 05 May 2024
2 hours ago -
CRD survey unveils 18% Pakistanis quit smoking
13 hours ago -
NTUF granted patent for Innovative Multilayered Natural Fiber Composite Helmet
13 hours ago -
New industrial policy to be announced soon: Rana Tanveer
13 hours ago -
Commissioner orders implementation price control mechanism in toto
13 hours ago
-
Jam Kamal holds meeting to tackle border area challenges
17 hours ago -
Speakers in TIIF for improving, corporate governance system in Uzbekistan
16 hours ago -
Pak-Uzbek business community welcomes KSA’s $20 billion investment in Uzbekistan
18 hours ago -
BF leader calls retaining policy rate highest level ‘unfair
16 hours ago -
Equipping with essential skills vital for economic growth: Ahsan Iqbal
19 hours ago -
Gold rates dip by Rs.1,600 per tola to Rs. 238,000
19 hours ago