ANL 35.31 Decreased By ▼ -0.69 (-1.92%)
ASC 14.75 Increased By ▲ 0.05 (0.34%)
ASL 26.00 Increased By ▲ 0.30 (1.17%)
AVN 89.10 Decreased By ▼ -0.40 (-0.45%)
BOP 7.77 Increased By ▲ 0.03 (0.39%)
BYCO 10.05 Decreased By ▼ -0.03 (-0.3%)
DGKC 122.65 Decreased By ▼ -1.15 (-0.93%)
EPCL 58.20 Increased By ▲ 0.05 (0.09%)
FCCL 23.88 Decreased By ▼ -0.17 (-0.71%)
FFBL 28.75 Decreased By ▼ -0.40 (-1.37%)
FFL 15.63 Decreased By ▼ -0.12 (-0.76%)
HASCOL 9.60 Decreased By ▼ -0.05 (-0.52%)
HUBC 79.14 Increased By ▲ 0.39 (0.5%)
HUMNL 6.41 Decreased By ▼ -0.03 (-0.47%)
JSCL 20.80 Decreased By ▼ -0.40 (-1.89%)
KAPCO 39.90 No Change ▼ 0.00 (0%)
KEL 3.78 No Change ▼ 0.00 (0%)
LOTCHEM 16.60 Decreased By ▼ -0.08 (-0.48%)
MLCF 46.00 Decreased By ▼ -0.31 (-0.67%)
PAEL 35.56 Decreased By ▼ -0.09 (-0.25%)
PIBTL 10.34 Increased By ▲ 0.12 (1.17%)
POWER 9.28 Increased By ▲ 0.09 (0.98%)
PPL 85.90 Decreased By ▼ -0.33 (-0.38%)
PRL 24.72 Decreased By ▼ -0.18 (-0.72%)
PTC 9.90 Decreased By ▼ -0.01 (-0.1%)
SILK 1.26 Increased By ▲ 0.02 (1.61%)
SNGP 41.63 Decreased By ▼ -0.37 (-0.88%)
TRG 165.10 Increased By ▲ 1.80 (1.1%)
UNITY 30.40 Increased By ▲ 0.02 (0.07%)
WTL 1.56 Increased By ▲ 0.02 (1.3%)
BR100 4,874 Increased By ▲ 12.26 (0.25%)
BR30 25,700 Increased By ▲ 11.25 (0.04%)
KSE100 45,306 Increased By ▲ 75.45 (0.17%)
KSE30 18,538 Increased By ▲ 28.18 (0.15%)

Coronavirus
VERY HIGH
Pakistan Deaths
16,094
11224hr
Pakistan Cases
750,158
497624hr
Sindh
271,524
Punjab
264,010
Balochistan
20,760
Islamabad
68,906
KPK
104,480
Business & Finance

Pakistan’s exporters urge govt to allow import of cotton from India

  • Earlier, Dawood said people from the industry had been demanding to make changes in duties and taxes in textile sector.
  • However, he ruled out any changes in duties and import of cotton from India to bridge shortfall. He hoped that the country would have better cotton crop next year.
03 Mar 2021

Amid the decline in cotton production in Pakistan, the textile exporters are urging the government to allow import of cotton from neighboring India.

Ijaz Khokhar, chief coordinator of the Pakistan Readymade Garments Manufacturers and Exporters Association told Arab News, that they have approached the Advisor to Prime Minister on Trade and Investment Abdul Razak Dawood in this regard.

“We have requested him (Dawood) to allow the import of cotton for at least a brief period of four to six months since that will allow us to deliver our export orders without delay,” he said, adding that the prime minister’s aide had “agreed to look into the matter.”

Khokhar informed that the local exporters cannot use Chinese cotton due to the US embargo

Earlier, Dawood said people from the industry had been demanding to make changes in duties and taxes in textile sector. However, he ruled out any changes in duties and import of cotton from India to bridge shortfall. He hoped that the country would have better cotton crop next year.

The cotton production in the country had witnessed a consistent decline since 2017-18 when it reached 11.9 million bales. Following on from 2017-18, the cotton production in 2018-19 declined by 17.5 per cent to 9.8 million bales, revealed the Lahore Chamber of Commerce & Industry (LCCI). They said that in 2019-20, the cotton production further declined by 6.9 per cent to 9.18 million bales. It is worth mentioning that in recent times, the cotton production touched a peak of 13.96 million bales in 2014-15.

Meanwhile, the yield of cotton has also declined consistently since 2017-18 when it reached 753 (kg/hectare). After that, the yield declined by 6.1 per cent to 707 (kg/hectare) in 2018-19 and further declined by 12.6 per cent to 618 (kg/hectare). It is pertinent to mention that the yield reached 802 (kg/hectare) in 2014-15.