PAKISTAN HOSIERY MANUFACTURERS & EXPORTERS ASSOCIATION
37-H, BLOCK-6 P.E.C.H.S., KARACHI-PAKISTAN
TEL: 0092-21-34522769, 34522685, 34544765 FAX: 0092-21-34543774
E-MAIL:?info@phmaonline.com???URL?www.phmaonline.com
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Ref. No. PHMA/Cir-075/2016
Dated: 06th
October, 2016
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TO ALL
MEMBERS OF THE ASSOCIATION
TECHNOLOGY UP-GRADATION FUND ORDER 2016 FOR TEXTILE SECTOR UNDER TEXTILE POLICY 2014-19
We are attaching herewith a letter received from Ministry of Textile Industry Ref: No.3(19)TID/15-RDA dated 3rd October, 2016 and ?Technology Up-gradation Fund Order 2016? Notification No.3(18)TID/10-P-I dated 3rd October, 2016 for your information and necessary action, accordingly.
Benefits under TUF Support: Every manufacturer will be provided one time financial support per annum on purchase and installation of new machinery in the textile sector, at rates and limits specified in Schedule ? I of this Order. Support shall not be available for machinery imported / procured having L/C retirement before 1 st July, 2016 or after 30th June, 2019.
Further details of eligibility terms and conditions are contained in attachments.
Best Regards
Yunus Bin Aiyoob
Secretary General
Encl: As above.
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PAKISTAN HOSIERY MANUFACTURERS & EXPORTERS ASSOCIATION (PHMA)
Central Office: PHMA House, 37-H, Block-6,
P.E.C.H.S., Karachi-74500, Pakistan
+92-21-34544765
+92-21-34544764 / 34545683
+92-21-34543774
+92-309-3337462
Offices:
Karachi |
Faisalabad |
Lahore |
Sialkot
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