1. The cotton production in Pakistan has
plunged 34% to 5.57 million bales (of 155 kg per bale) in the
current fiscal year 2020-21 compared to the same period of last
year. This output was in line with the full-year production
estimated at a four-decade low in the ongoing year.
2. The Chinese Ambassador to Pakistan Nong
Rong has said that the startling success of Challenge Textile
Factory with the Chinese investment of $60 million has paved the
way for numerous investments under CPEC.
3. Pakistan Readymade Garments Manufacturers
& Exporters Association (PRGMEA) has called for the final
approval of the new textile policy 2020-25 by the Economic
Coordination Committee (ECC) of the Cabinet as it is vital for
new investment and marketing plan in this major export-oriented
4. The July-February figures showed that
growth in textile and clothing exports came from the value-added
sector. The value of exports reached US$ 9.99 billion in the
July-Feb period this year as against US$ 9.37 billion over the
corresponding months of last year, showing a growth of 6.69%.
5. Exporters are demanding that the textile
industry should be provided electricity at 7.5 cents per unit
for five years and the subsidy issue should be resolved between
the Power Division, Petroleum Division and Finance Division but
not through additional DLTL on gas and electricity.
6. The Khyber Pakhtunkhwa Textile Mills
Association (KPTMA) has rejected the decision of the federal
cabinet committee on energy (CCoE) to place a moratorium on the
supply of gas to textile units for self-generation of
7. The government has withdrawn a 5%
regulatory duty (RD) on the import of cotton yarn. The
Federation of Pakistan Chambers of Commerce and Industry (FPCCI)
said the move would greatly support the textile sector and
contribute to economic stability.
8. German Consul General Holger Ziegeler has
advised Pakistan to pivot from traditional exports and promote
high value-addition by utilising human capital and developing
9. Sapphire Textile Mills and Britain-based
Carrington Textiles have formed a joint venture in Pakistan –
Carrington Textiles International, with new textile dyeing and
finishing operations in Lahore that would provide up to 20
million meters a year of dyed and grey fabric.