Home / Knowledge / News / Textiles / Cotton & yarn exports should be banned - Bilwani
Cotton & yarn exports should be banned - Bilwani
12
May '10
Convener of Value-Added Textile Forum, Jawaid Bilwani, has suggested the government to impose an urgent ban on cotton and yarn exports, as according to him, it is ruining the value-added textile sector of the country.

As per Bilwani, the value-added textile sector generates 42 percent employment in Pakistan with women accounting for 15 percent of the same. He also said that, as per Pakistan Economic Survey, the spinning section provides 280,000 jobs whereas the value-added textile section provides 10 million jobs in the country.

More over, while India possesses 30 percent cotton in surplus, Pakistan is facing a 25 percent shortfall of cotton. Also, 70 percent of the textile firms in Pakistan are value-added textile firms.

Regretting the fact that, Pakistan is the fourth largest cotton manufacturing country, Bilwani confirmed that, strikes in all value-added textile units of Faisalabad, Multan and Karachi had started due to yarn exports and they will continue until the demands of the sector were met with, by the government.

If the strikes and exports of yarn and cotton continue, then the value-added textile units will reach a closing point, thereby, incurring losses of Rs 22 million per day. Bilwani has therefore urged the textile minister, to impose a ban on yarn exports or else the country will continue to face increasing downsizing, unemployment and inflation.

Due to power cuts, 400 value-added textile firms have been relocated to other countries such as Bangladesh and for other 200 firms, shutters have been pulled down.

Bilwani concluded by saying that, owing to certain policies of the government, Bangladesh was buying raw cotton from Pakistan and was selling the value-added goods to global markets at competitive prices, at a cost to the Pakistani value-added sector.

Fibre2Fashion News Desk - India

Must ReadView All

Apparel/Garments | On 27th Feb 2017

Myanmar sets up new committee to revise minimum wage

The Government of Myanmar has set up a new committee, replacing an...

Textiles | On 27th Feb 2017

Textile industry can boost South African economy: Minister

The textile industry is one of the most strategic platforms through...

Textiles | On 27th Feb 2017

KBR bags LBED revamp contract for LG Chem's ethylene plant

KBR, Inc has bagged a technology licensing and basic engineering...

Interviews View All

Dharmendra Shah
Ozone PB Spintex Limited

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

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kevin Nelson
TissueGen

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Karan Arora
Karan Arora

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

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search