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

Sri Lanka’s apparel exports rise after EU GSP+ reinstatement

Apparel/Garments | On 18th Nov 2017

Sri Lanka’s apparel exports rise after EU GSP+ reinstatement

Sri Lanka’s apparel exports from January to September 2017 has...

Bangladesh plans 2 leather estates in Rajshahi, Chittagong

Apparel/Garments | On 18th Nov 2017

Bangladesh plans 2 leather estates in Rajshahi, Chittagong

Bangladesh Prime Minister Sheikh Hasina has said two more leather...

ASEAN, Hong Kong sign free trade agreement

Textiles | On 18th Nov 2017

ASEAN, Hong Kong sign free trade agreement

The Association of Southeast Asian Nations (ASEAN) and Hong Kong...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Sugandha Bhardwaj

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

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Marcel Alberts
Eurofibers

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Sonam & Paras Modi
SVA

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

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

November 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
68.5%
No
12.4%
Skip
19.1%

Total Votes: 89

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
61.8%
No
30.3%
Skip
7.9%

Total Votes: 89

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
86.5%
No
10.1%
Skip
3.4%

Total Votes: 89

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
80.9%
No
9.0%
Skip
10.1%

Total Votes: 89


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