Textile Briefs National

1. Cotton output in Pakistan during 2018-19 seasons has already surpassed the total amount produced in the previous season. Ginneries in Pakistan have received 10.707 million bales of cotton by March 1, 2019, compared to the total arrival of 10.366 million bales in the previous season, according to the Pakistan Cotton Ginners' Association (PCGA).

2. Designers from Milan have asked textile exporters to become a part of Milan Fashion Week 2019. Italian designer Stella Jean visited Faisalabad’s textile factories and showed their interest in working with Pakistani fabric.

3. APTMA Patron-in-Chief Gohar Ejaz urged the government to constitute a task force on cotton production to achieve 15 million bales and ensure its enhancement, sustainability, acquisition of high yield cotton technology, and provision of agricultural extension services.

4. The value added textile segments particularly knitwear and readymade garments saw an increase of 16% and 10% respectively in Jan-19 on a year-on-year basis. The volume growth was also impressive, with knitwear showing an increase of 36% in quantity.

5. Shahzad Saleem, Chairman of Nishat Chunian Group highlighted the severity of the problem which has left textile companies in a liquidity crunch. Other industry stakeholders echo this sentiment and give the shut-down of over 100 textile companies as evidence of the liquidity issues due to a failure by successive governments to address these issues.

6. The All Pakistan Textile Mills Association (APTMA) Chairman Syed Ali Ahsan has said that a competitive and viable domestic textile industry is in the larger interest of the textile sector across the value chain.

7. Federal Minister for National Food Security and Research Sahibzada Muhammad Mehboob Sultan said that a long-term strategy is being devised to meet the needs of textile industry in the country. He said all available resources would be mobilized in collaboration with provinces to achieve the set target of 15 million bales cotton production next year.

8. Pakistan’s textile and clothing exports recorded 9.47% year-on-year decline to $1.088 billion in March 2019, taking the nine-month (July-March FY19) exports to $9.99 billion, as higher cost of doing business and economic uncertainty kept the industry under pressure.


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