Home / Knowledge / News / Textiles / Trade bodies resent Pakistan Textile Ministry's statement
Trade bodies resent Pakistan Textile Ministry's statement
05
Nov '11
The Ministry of Textile Industry in Pakistan is facing severe resentment for its statement that trade bodies in the country are prejudiced and have their vested interests.

In a joint statement, executive members of various trade bodies including All Pakistan Textile Mills Association (APTMA), Pakistan Cotton Ginners Association (PCGA), Karachi Cotton Exchange (KCE), Pakistan Yarn Merchants Association (PYMA), Karachi Cotton Association (KCA) Advisory Board, KCA Brokers Association and Cotton Committee of Federation of Pakistan Chambers of Commerce and Industry have refuted the statement issued by the Ministry.

The Ministry of Textile Industry representative recently gave a statement that the primary cotton production estimates released by the Cotton Crop Assessment Committee (CCAC) for the current year are based on research and unbiased data. He further said that the deceptive figures furnished by various organizations are influenced by their vested interests and they aim to manipulate the market.

PYMA said the estimates and data given out by the officials of the Ministry are often one-sided as it lacks experts who can derive accurate industry estimates, and hence it should keep away from releasing any cotton production figures.

PYMA demanded that the Ministry should show remorse towards representatives of the domestic textile industry, which contributes around 65 percent of the country's overall foreign exchange earnings, for calling them as people with vested interest.

APTMA said the Ministry has no evidence to prove that it involved the real industry stakeholders for drawing estimates and figures. It claimed that the genuine stakeholders have articulated great concern over the misleading 2011-12 cotton production estimates, as according to them, this would prove detrimental for the country's entire textile and cotton industry.

KCA Cotton Advisory Board, too, refused to accept CCAC's cotton production estimates for the current season derived during the primary meeting to review cotton production, and said the country is likely to produce about 15 million bales of cotton during the season.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 20th Aug 2017

PetroVietnam, Vinatex discuss reviving PVTEX plant

Discussions are under way between PetroVietnam and textile and...

Courtesy: Mexx

Fashion | On 20th Aug 2017

RNF acquires Mexx fashion brand

RNF, the Dutch sports and fashion holding, has purchased the global...

Textiles | On 20th Aug 2017

Intertextile Shanghai Home Textiles opens on August 23

Intertextile Shanghai Home Textiles, Asia’s leading platform to meet...

Interviews View All

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Urs Stalder
Sanitized AG

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Robert Brunner
Devereux

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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

August 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
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

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
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

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
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

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
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


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