LAHORE May 12 (Online): Pakistan Furniture Council (PFC) Chief Executive Officer Mian Kashif Ashfaq Thursday disclosed that Pakistan’s furniture exports registered astronomical 111.59 per cent increase during first nine months of the current fiscal year, compared to corresponding period of the last year.
Talking to a delegation of furniture exporters led by Naveed Mohyuddin of GM Interiors, he said now the volume of furniture exports has touched the figure of Rs 7,141 million compared to Rs 3375 million in the same period during last corresponding year.
He said furniture industry had big potential to dominate global markets with innovative designs and could significantly contribute to exports. However, a package of incentives and facilitation was direly needed for further boosting exports, he added.
He said if the government extended full support, the volume of furniture exports could touch the figure of $5 billion for the next five years.
He hoped the furniture sector would grow and flourish in the days to come.
He said the business community had pinned high hopes on government for firm commitment to providing all facilities to usinessmen to enhance the volume of exports.
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