'Welcome sign': Pakistani textile unit acquires manufacturing facility in US
“It is with great interest that I read that Artistic Milliners has acquired a manufacturing facility in California,” says Razak Dawood
ISLAMABAD: Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood on Wednesday said that a Pakistani textile unit has acquired a manufacturing facility in the US.
The commerce adviser shared the news on his official Twitter account and congratulated Artistic Milliners on the development.
“It is with great interest that I read that Artistic Milliners has acquired a manufacturing facility in California,” he tweeted.
The PM’s adviser encouraged Pakistani companies to go global through acquisitions. “Our local companies should acquire overseas companies and brands, through proper channel, as it increases outreach in the global market and thereby increases our market share.”
He further said that Pakistani companies, formally reaching out across the globe, is a welcome sign.
“I wish Artistic Milliners every success.”
-
AI boom set to lift TSMC’s Q4 profit by 27%
-
An eye on 'global economic instability' as shares slumps, tensions intensify
-
Tesla dethroned: BYD shocks EV market as top seller in 2025
-
China sets up $8.9B fund to boost 2026 consumer goods trade-in
-
Meta to acquire Chinese AI startup Manus to expand advanced AI capabilities
-
China to roll out action plan for digital yuan expansion
-
Amazon halts plan for 'drone delivery in Italy' just before launch
-
Europe’s crypto adoption gains regional momentum; Who’s investing the most?