Home / Knowledge / News / Apparel/Garments / PRGMEA: Roundtable conference on cotton crisis soon
PRGMEA: Roundtable conference on cotton crisis soon
Jul '11
Central Chairman Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) Ijaz A. Khokhar has announced to hold a roundtable meeting of textile industry stakeholders on prevailing cotton crisis soon.

He has invited about 20 associations relating to farmers, ginners, cotton exporters, spinners, weavers, value-added exporters and other stakeholders to attend the roundtable meeting on the cotton crisis.

In a letter sent to the heads of all associations, Chairman PRGMEA said the domestic cotton market has fallen to Rs5000/Maund from Rs 15000/Maund in no time with the burst of cotton price bubble internationally. The cotton crisis amidst much-likely bumper crop of 16 million bales ahead will have ripple effect right from cotton farmers, basic textile to the value-added industry, he apprehended.

Also, said Chairman PRGMEA, about 30% surplus cotton crop in neighbouring India would blow the industry further especially in the absence of fresh buying spree from China in next two months. He feared that this situation would expose the local cotton farmer to devastating effects and the Trading Corporation of Pakistan intervention, as demanded by the farmers and ginners desperately, will be of no use.

According to him, there is an urgent need of generating demand for consumption of local raw material in the larger interest of cotton farmers and to safeguard historic $14 billion share of textile industry in country's exports. Achieving the goal of generating demand for local raw material, he continued, is the real challenge for textile industry. It is right time to joint our heads and deliberate some out of box solutions for mutual interest, he asserted.

Chairman PRGMEA has expressed the hope that the textile industry stakeholders would support his proposal of a roundtable meeting to save the cotton farmers and millions of textile workers in country.

Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA)

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search