Interviews
Raw cotton, cotton carded & bed wear exports fall
27 Mar '07
2 min read
Similarly, tent exports rose 167 percent, readymade garments by 8 percent, art and silk by 164 percent, yarns other than cotton yarns by 153 percent, made-up articles by 3 percent, whereas other textile sectors logged 26 percent growth. Raw cotton exports declined 18 percents, cotton cloth by 9 percent, cotton-carded exports dropped 56 percent while bed wear went down 5 percent.
"Despite 6 percent growth in textile export during the first eight months of the current fiscal year, we will not achieve textile export target of $10.15 billion," rues Zubair Motowala, a leading exporter. He said that major increase has recorded in the exports of textile raw materials, and not in the finished products.
He stated that post quota regime and international competition negatively impacted country's textile export, resulting in a 1.12 percent drop during the first five months July-November of the current fiscal year 2007.
"Despite 6 percent growth in textile export during the first eight months of the current fiscal year, we will not achieve textile export target of $10.15 billion," rues Zubair Motowala, a leading exporter. He said that major increase has recorded in the exports of textile raw materials, and not in the finished products.
He stated that post quota regime and international competition negatively impacted country's textile export, resulting in a 1.12 percent drop during the first five months July-November of the current fiscal year 2007.
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