country’s cotton output faces a shortfall of 0.664 million bales
or 26.41 percent compared to the same period last year. The
Pakistan Cotton Ginners’ Association (PCGA) Chairman said the
promised incentives to cotton growers were never released by the
government regarding achieving higher cotton production targets.
group exports saw very little growth of 2.30% in the first two
months of the current fiscal year vis-à-vis the figures from the
same period last year, largely due to the sluggish economy.
According to the Pakistan Bureau of Statistics- (PBS) that
different textile products worth US$ 2.215 billion were exported
during July-August 2019-20, as against US$ 2.303 billion
exported in the same period of the fiscal year 2018-19.
All Pakistan Textile Mills Association (APTMA) Punjab Chairman
Adil Bashir has said that the textile industry is ready for
adopting renewable (solar hybrid) energy solutions to deal with
sustainability and competitiveness issues. While pointing out
the energy affordability issue of Punjab-based industry, he
emphasized the importance of energy in the whole energy mix of
industry and stated that its share has become more than 35-40%
in total conversion cost in the basic textiles, i.e., spinning
All Pakistan Textile Mills Association (Aptma) urged the
government to withdraw 3 percent regulatory duty, 2pc additional
customs duty and 5pc sales tax on import of raw cotton. In a
statement, Chairman APTMA said that with high upfront costs, the
textile industry would not be able to fulfill its export
government is taking all steps to attract foreign and domestic
investment for new plants and operationalization of sick units
of the textile sector on a competitive basis, said Adviser to
Prime Minister on Commerce, Textile, Industries, and Production
Abdul Razak Dawood.
Readymade Garment Manufacturers and Exporters Association (PRGMEA)
in collaboration with International Apparel Federation (IAF)
will host the 35th World Fashion Convention for the first time
in Lahore in November 2019. PRGMEA Chief Coordinator Ijaz
Khokhar said that mega fashion show expected to attract
delegates from over 45 countries.