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

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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

December 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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