Khawaja Muhammad Younus of Mehmood
group of Textiles has been elected unanimously as Chairman of All Pakistan
BedSheet & Upholstry Manufacturers Association( APBUMA) for the term of
2016-17. While Bilal Jamil was elected as Senior Vice Chairman and Syed
Muhammad Fazil Shah as Vice Chairman for the term.Earlier in addition to office
bearers, from Multan Khawaja Abdul Haq
and Mrs. Aneela Iftikhar, From Karachi Muhammad Ameen Allana and Ms. Lubna Jamil
Horani, From Lahore Amir Abdullah and
from Faisalabad Azhar Majeed were also
elected Executive committee members of the Association.In his maiden address
Khawaja Muhammad Younus thanked all the
members for showing their confidence in him and expressed his commitment
towards the raising the all issues confronted to textile sector of Pakistan on
each and every Governmental forum for possible solutions. He said that energy
crisis has become a chronic problem and major cause for rise in cost of doing
business resultantly losing competitive edge over our competitors for product
price.He was of the view that another reason for the stagnant industrial
activity is the lack of commitment for the payment of billion of rupees of
exporters on account of rebate and sales tax refund. He said that although
Honorable Prime Minister of Pakistan has distributed the cheques to exporters
in this regard but there are more claims are awaited for refund.The newly
elected chairman requested APBUMA members for their support and feedback on the
issues to be able to effectively plan and making APBUMA a proactive platform to
raise the concerns and problems of the sector. The Chairman was optimistic that
efforts of the Government in the right direction will result uninterrupted
supply of energy resources to textile sector.
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BUSINESS