The textile industry is one of Pakistan’s most important industries. Because it is clearly export-focused, the country competes with its neighbouring countries India and Bangladesh. While they have reported a significant increase in textile and clothing exports, Pakistan’s exports have declined. International knitwear sales have remained almost flat, too. An incentive package is to boost the industry again. It comprises withdrawal and concessions on customs duty and sales tax on imports. International manufacturers of textile machinery such as Mayer & Cie. are very likely to profit from this initiative, as Pakistani imports in their sector are substantial already. In terms of circular knitting, single jersey machines are especially sought after, followed by interlock and jacquard machines.

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