Home / Knowledge / News / Textiles / Pakistan envisions doubling value of cotton
Pakistan envisions doubling value of cotton
15
Mar '11
Inaugurating the first international conference on Value Addition and Innovation in Textile, 'COVITEX 2011' on Monday, Pakistan's Secretary of Textile Ministry, Mr Shahid Rasheed announced additional direct financial support to the textile sector. He told that, the Government disbursed Rs 9.75 billion in fiscal 2009-10 and had allocated Rs 7.5 billion for the current fiscal year.

The government aims for high value exports through a well-planned industrial structure, product diversification and institutional framework. The Government has set a target to enhance value of cotton produced by it by 100 percent from $1000 per bale to $2000 per bale in next four years. To achieve this target, many measures for value addition have been implemented.

Under this program, three garment cities will be established at Faisalabad, Lahore and Karachi to promote value addition. All these garment cities will provide state-of-the-art infrastructural facilities to the industry. The work for similar mega project, called Pakistan Textile City, spread in 1250 acres at Karachi near Port Qasim is under progress.

For skills development, the Government runs a Stitching Machine Operator Training (SMOT) program in collaboration with industrial units at Faisalabad, Karachi, Rawalpindi and Lahore. Under this program, more than 8,000 operators have been trained.

Considering the shortage of skilled persons, more than 500,000 workers will be trained in various skills over the next 5 years. For this program, Rs.5 billion will be spent.

The Government will establish the Garment Technology Training Center (GTTC) at Karachi with technical and financial support from Korea International Cooperation Agency for skill development. This centre is expected to become operational in September 2011 and will provide modern and cutting edge facilities to the garment sector.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 22nd Mar 2017

Amazon India introduces 'A-Z GST Guide' programme

Amazon India has introduced a programme called 'A-Z GST Guide' to...

Textiles | On 22nd Mar 2017

Dyeing textiles with bacteria

As an alternative to toxic synthetic dyes, scientists are exploring...

Courtesy: BCG

Apparel/Garments | On 22nd Mar 2017

Consumption in India to touch $4 trillion by 2025: Report

Consumption in India is likely to triple to $4 trillion by 2025 as...

Interviews View All

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Kerem Durdag
Biovation II LLC

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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
March 2017

March 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