Khurram Mukhtar has been elected chairman, Pakistan Textile Exporters Association (PTEA). He hails from a prominent business family active in exports, business and industry. He has 25 years of experience as a professional management executive. He has served on the boards of many charitable, health and educational institutions. He is the director of the Faisalabad Garment City Company, a member of the core committee of Young Entrepreneur Organization of Pakistan and a member of the International Textile Manufacturers Federation, Switzerland. He has also an excellent trade record of serving in social sector.
He feels Pakistan’s textile sector has the potential to wipe out the entire trade deficit, provided factors impeding its growth are removed. Mukhtar has been elected PTEA chairman for the second time. Twelve members were elected for the executive committee seats for the next two years.
PTEA is Pakistan’s apex textile body. Pakistan’s textile exports fell 0.49 per cent in July 2018 compared to the same month a year before. Textile exports make up around 60 per cent of the country’s total exports. The textile sector has the largest share in Pakistan’s exports.