KARACHI: Karachi Cotton Brokers Forum (KCBF) Chairman Naseem Usman has expressed his confidence that the cotton production target of 15.10 million bales for the next season (2014-15) will be achieved due to increase of over 300,000 acres cultivation area for the crop.

Talking to APP, Naseem Usman said that the government's conducive policies had put the economy on the right track.

He lauded the federal government's efforts to overcome electricity shortages. He said viable power projects initiated by the government would boost industrial development, which would create job opportunities and bring prosperity in the country.

Naseem said despite energy shortages, the country's textile exports recorded 3.9 percent increase.

He said that there was a huge potential in the textile sector.