Torrential rain in parts of Sindh and Punjab provinces of Pakistan has affected 15-20 percent of cotton crop in the region, the All Pakistan Textile Mills Association (APTMA) has said.
APTMA Chairman Gohar Ejaz stated that the textile industry in Pakistan greatly depends on locally produced cotton as raw input, and hence it is natural that concerns of the domestic as well as global markets mount due to apprehensions of massive damage caused to cotton crop by continuous rains in Sindh.
Mr. Ejaz said, as per APTMA estimates, the torrential rains would not result in devastation of cotton crop in excess of 1.5 million bales in the States of Sindh and Punjab. He added that this may affect the country's ability of exporting two million bales of cotton.
He said that the cotton cultivators have planted crop on an additional 10 percent area this year, which keep the hopes alive of harvesting 16 million bales of cotton this year.
The APTMA head ruled out any crisis like situation in the textile industry and stated that the cotton output for the current year would at least remain at last year's level, if not more.
Commenting on gas outages during winter, Mr. Ejaz said, like last year, it would adversely affect the textile industry and hence urged the legislators to make necessary changes in their policy stance towards the textile industry.
Gas suspension for two to three days in a week negatively impacts the textile industry's growth, he said, and suggested that the load management plan for forthcoming winter season should be more towards the domestic sector rather than being industry-specific.
Fibre2fashion News Desk - India
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