Home / Knowledge / News / Textiles / 40 more cotton ginning factories in the offing
40 more cotton ginning factories in the offing
25
Jul '11
Around 40-42 new ginning factories have been set up in Pakistan at an investment of about Rs three billion. Out of the 40 new ginning factories, some 30 have been set up in the Sindh province while rest in the Punjab province.

The last two years have been extremely good for cotton throughout the world especially India, Pakistan and China. The cotton ginning sector too witnessed good times. This, in turn, has encouraged the investors to set up new ginning factories.

This was revealed by Mr Naseem Usman, cotton consultant and Chairman - Cotton Brokers' Forum. Currently there are around 960 ginning factories operational in the country. Of which, around 720 in Punjab, 250 in Sindh and the rest in Baluchistan.

He continued, “One more reason for this is that, like in India, cotton yields from Bt cotton seeds are very high, as it gives more productivity and its entire yield is obtained in about five months.

“So, since the output of cotton has hiked, ginners feel that it is a good idea to invest in this industry. Last year, in Pakistan, people have earned around Rs 50-60 million from ginning factories.

“Hence, investors are keen to set up more ginning factories and in turn our ginning capacities will also be enhanced. People have bought more and more land in order to set up ginning factories.

“The government has set a target of producing 150 million bales of cotton this year. Last year we had a production of 117 million bales though our target was 140 million bales. About 2.3 million bales of cotton were destroyed.

“Seeing the current weather conditions and having personally visited various regions of Sindh province and other areas, I feel that the crop is going to be good this year. At many places people have grown cotton in place of rice and sugarcane.

“Due to this, we have a feeling that this time we will be able to achieve the Government's target of producing 150 million bales of cotton. We hope that the weather conditions remain favorable to us. People are optimistic and say that they might over achieve the government's targets. In 2003-04 we had a record production of 144 million bales of cotton”, he winded up by saying.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 30th May 2017

CAI estimates 2016-17 cotton crop at 340.5 lakh bales

Cotton Association of India (CAI) has retained its earlier estimate...

Courtesy: World Bank/Claude Renault

Textiles | On 30th May 2017

India’s economic fundamentals remain strong: World Bank

India remains the fastest growing economy in the world – economic...

Courtesy: Dollar Industries

Apparel/Garments | On 30th May 2017

Dollar Industries registers Rs 906 cr turnover in FY17

Hosiery major Dollar Industries Limited registered a turnover of Rs...

Interviews View All

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Urs Stalder
Sanitized AG

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search