Pakistani exporters bag $500 million worth of orders, Hem Textiles

 Pakistani exporters bag $500 million worth of orders, Hem Textiles

Frankfurt: Due to global recession, inflationary pressure, ongoing economic tension in the US and China and the limited participation of China due to the concerns of the Corona epidemic, the ongoing Hemitextile Exhibition in Frankfurt has illuminated new possibilities for Pakistan.

Pakistani export firms received orders of up to $500 million and new leads, along with the traditional market of Western Europe, buyers from Eastern Europe also showed keen interest in Pakistani products, while buyers from the US and Canada looked to Pakistan as an alternative to China. Step towards sourcing from

The ongoing four-day hem textile exhibition in Frankfurt concluded on Friday, despite the tough economic conditions in Pakistan and the crisis facing the textile industry, Pakistani firms enthusiastically participated in hem textiles in record numbers.

Along with large companies participating in the exhibition, representatives of small and medium-sized firms also seemed satisfied with the response received at the exhibition.

According to the initial estimates of the exporters participating in the exhibition, Pakistan has received new orders and leads worth 500 million dollars from Hem Textiles for which the design, sampling and pricing stages will be completed within a few months if the conditions are favorable.