About
PALMA was established in year 2021 to safeguard the interests and promote the cause of Artificial Leather Manufacturers in country. It is relatively small sector of manufacturing but it’s contribution to different sectors of economy is of immense importance.
The member companies of this association are preparing different types of artificial leather for further value addition in footwear, upholstery, automobile, fashion and furniture industry, to name few of users of this association’s manufactured item. It is providing job to a sizeable number of work force in country and also contributing a substantial amount of duties and taxes to national exchequer. It is saving a large amount of hard-earned foreign exchange by manufacturing value added raw material for above enumerated industries.
The aims and objectives of this association are in conformity and approved by SECP and as a registered trade body by Ministry of Commerce, Govt of Pakistan under TOA 2013. It has been operating as a Non-Profit Organization under its Memorandum & Articles of Association. All members of this association are corporate entities under SECP and with FBR. Association is run through annual subscription of member companies. It is solely established to protect, promote and introduce new technologies for artificial leather manufacturing sector in Pakistan. In view of above it is a genuine case for grant of exemption of income tax on its subscription by its members.
Objectives
- To act as provider of all governmental approvals for the artificial leather manufacturing industry.
- To provide industry much needed assistance for efficient utilization of resources of production & removal of obstacles in realizing true potential of industry.
- To undertake and carry out research activities to bring innovation and modernization in this industry.
- To provide an effective platform to promote understanding between different tiers of government and stake holders of industry, collectively…!
Action Plan
- Coordinate with the Government authorities to resolve issues of the industry as a whole.
- Enhance the Association membership level across the country.
- Increase the frequency of participation in Trade Fairs all over the world.
- Improve relations with the Government Sector in order to improve benefits to PALMA members.
- Efforts to develop Academia – Industry linkage to inject new talent in the market.
- Create an R&D Cell and encourage knowledge sharing among its members.
- Conduct training need Assessment & surveys of the entire industry.
- Liaison with the Government authorities for making favourable policies to enhance exports targets and discourages the imports to support the local manufacturers.
