PHMA elects new executive body for 2022-23

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LAHORE: The Pakistan Hosiery Manufacturers and Exporters Association (PHMA) has announced the provisional result of election of its new executive body for the year 2022-23 while the election of central chairman, zonal chairmen, senior vice chairman and vice chairmen will be held on Sept 26th, 2022 followed by the Annual General Meeting of the Association. The all new members of the executive committee were elected unopposed, including Izahar Ul Haq, Shafqat Mahmood, Muhammad Zanoon Nazir, Hazar Khan, Amjad Khawaja, Shaheen Tabassum and Khawaja Musharraf Iqbal. The executive committee expressed the confidence that it will make all efforts to work selflessly in resolving issues faced by the industry in the best interests of PHMA members and in further enhancing and boosting the exports. PHMA chairman Shahzad Azam Khan congratulated the new body and hoped that it would continue its efforts for the industry’s growth. He said that the knitwear apparel maintains the highest exports share, remaining at top of exports statistics every year despite adverse factors such as liquidity crunch and high costs of doing business. He suggested the new body to accord top priority in reduction of input cost, resolution of refund issues and a favorable environment for the promotion of hosiery industry. He said that growth of value-added textile industry was a must to steer the overall economic growth of the country. Our Correspondent