MoU signed on textile industry growth

LAHORE : The Pakistan Readymade Garments Manufacturers and Exporters Association, (PRGMEA), has inked a MoU with LUMS and GC University Lahore in order to sustain textile industry growth by strengthening industry-academia ties. This will keep the local industry competitive on international markets through establishing weak and strong links and identifying missing links.

Signing the MoU for Carbon Forestry Project with GC University marks the beginning of a true industry-academia collaboration aimed at fostering innovation and growth in the Pakistani garment industry. Both sides emphasized the importance of putting into place effective measures in order to close the gap between industry and academia.

The MoU signed with LUMS marks an important milestone towards fostering collaboration between PRGMEA & LUMS with an end goal of advancing the garments industry in Pakistan.

Mubashar Naseer Butt, the Central Chairman of PRGMEA, said the MoU between GCU and PRGMEA brought together eminent representatives from PRGMEA as well as GC University. The MoU was signed to cement a commitment to advance the industry and work towards de-carbonisation by A-forestation. This partnership will allow for knowledge exchange and research collaboration as well as the exploration of growth opportunities.

Waseem Akhtar Khan, the chairman of PRGMEA North Zone, noted that the MoU between LUMS and PRGMEA brought together prestigious members, industry professionals and academics. This created an environment for knowledge exchange and innovation. He said that the budget allocated to education and research was low and should be increased. Most of the funds granted to universities were used to pay salaries, and there wasn’t enough money left for research.

PRGMEA, GC University and GC University have also organized a seminar that focuses on the importance of Carbon Sink Forests to achieve the goal of net zero emissions.

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