The textiles secretary informed that "much more substantive outcomes" are being envisaged from the Bharat Tex 2025 mega textiles event to be held in February next year. India's textiles sector is expected to attract investments to the tune of Rs 95,000 crore from the seven PM MITRA mega textile parks and the PLI scheme for manmade fabrics and technical textile products in the next 3-5 years, Textiles Secretary. The textiles secretary informed that "much more substantive outcomes" are being envisaged from the Bharat Tex 2025 mega textiles event to be held in February next year, in terms of not only MoUs but also investments and business generation. "We are having 7 textile parks so each of them is expected to generate something like Rs 10,000 crore of investment, that's about Rs 70,000 crore and another Rs 25,000 crore under the PLI scheme for technical textiles and MMF fibre. "Some of the investment under PLI has already been grounded and in the next 3-5 years or so we should have these large investments coming under the schemes itself. Apart from the schemes, of course a lot of other investment will also be happening, of course there would be FDI and investment from other sources," the Textile Secretary told PTI. The seven mega textiles parks under PM MITRA scheme are coming up in Tamil Nadu (Virudhnagar), Telangana (Warangal), Gujarat (Navsari), Karnataka (Kalburgi), Madhya Pradesh (Dhar), Uttar Pradesh (Lucknow/Hardoi) and Maharastra (Amravati). "We are certainly looking at much more substantive outcomes not just MoUs but business getting generated and investments, etc. happening," Shah said on Bharat Tex. The government approved the Rs 10,683 crore PLI scheme for the textiles sector in 2021, aiming to promote the production of man-made fabric and technical textile products over five years. "We are certainly looking at much more substantive outcomes not just MoUs but business getting generated and investments, etc. happening," Shah said on Bharat Tex. The government approved the Rs 10,683 crore PLI scheme for the textiles sector in 2021, aiming to promote the production of man-made fabric and technical textile products over five years. "Bharat Tex 2025 to be held in February is expected to be even bigger than Bharat Tex 2024. We invite you to join Bharat Tex not only as attendees but also as partners and to explore joint ventures for investments and to explore sourcing opportunities. The event represents a chance to experience first-hand energy and creativity of Indian textiles while gaining access to Indian market and export channels world-wide," Special Secretary in the Ministry of External Affairs P Kumaran said.
He was addressing an interaction between the government and foreign missions in India to drive engagement on Bharat Tex 2025, slated to be held from February 14-17.
Source: Business Standard
Underscoring the need for a ‘careful’ assessment of guidelines to negotiate Free Trade Agreements (FTAs), India is ‘taking it slow’ and recalibrating its strategy to ensure it is able to maximise trade and investment gains from such pacts, two people aware of the matter said. The department of commerce plans to seek the Union Cabinet’s approval to implement fresh guidelines for negotiating FTAs, one of the persons cited above said. It is also learnt that a high-level meeting between top commerce department officials and the Prime Minister’s Office took place over the weekend to discuss the standard.
Source: Business Standard
Synopsis Addressing the Roundtable on 'Investment Opportunities in India' at the New York Stock Exchange, the oldest and the largest stock exchange in the world, the finance minister said India is poised to continue its sustained growth trajectory and enhance its contribution to global growth significantly. Finance Minister Nirmala Sitharaman on Monday said India is poised to continue its growth trajectory and is likely to become the world's third-largest economy by 2027. India currently is the fifth largest economy in the world with a GDP of around USD 3.9 trillion. Addressing the Roundtable on 'Investment Opportunities in India' at the New York Stock Exchange, the oldest and the largest stock exchange in the world, the finance minister said India is poised to continue its sustained growth trajectory and enhance its contribution to global growth significantly. At the current rate, India is likely to be the world's third-largest economy by 2027, Sitharaman said. As many as 11 Indian companies are listed on the New York Stock Exchange. The Roundtable was attended by various pension funds and other institutional investors and fund managers across the US, forming one of the largest financial systems in the world in terms of total assets under management, the finance ministry said in a post on X. During the meeting, the finance minister shared the contours of various policy reforms and initiatives that are shaping India, with a focus on the Government's priorities for facilitating sustained economic growth for sustained long-term investment opportunities. Observing that India's emergence as one of the fastest-growing economies in the world which has witnessed a profound positive transformation in the last 10 years, she emphasised on the nation's determination to not just contribute to but also determine the shape and direction of global recovery, while redefining its own place in the global economic order. As India undergoes this transformation, she exuded confidence that there will be a host of opportunities for growth and returns for investors in India. Anchoring India's growth in the vision of Atmanirbhar Bharat, she said that it seeks to reinvigorate India's manufacturing abilities and integrate it with the redefining Global Supply Chains. She further said that India has not only created a strong baseline for infrastructure creation and development with initiatives such as the National Infrastructure Pipeline (NIP) and the National Monetisation Pipeline (NMP), but also bolstered the manufacturing sector's competitiveness through Production Linked Incentive (PLI) schemes across sectors. PM Gati Shakti, a programme launched to bring a master-planning approach to infrastructure, stands out as a unique example of using technology for realtime assessment of public policy impact on the ground, she said. The Government of India has given further momentum to India's growing presence in the global electronics value chains through the USD 10 billion India Semiconductor Mission (ISM) to achieve atmanirbharta in electronics & semiconductors, she said, adding, this initiative gains importance especially in the light of the US Department of State's recent announcement to partner with Government of India. She referred to India's ground-breaking structural reforms for a stable regulatory framework for investors, such as simplifying the tax structure through the Goods and Services Tax (GST); streamlining the resolution of distressed assets through the Insolvency and Bankruptcy Code (IBC); liberalising Foreign Direct Investment FDI norms across various sectors and enhancing the simplicity and transparency of the overall foreign investment policy framework. These policy reforms and initiatives are built on an entirely new digital economy, spurring innovation and tech entrepreneurship resulting in India becoming the 3rd largest start-up ecosystem globally, with over 100 unicorns engaged in innovations for the public good, she added.
Source: Economic Times
India gains momentum in US apparel market as crisis in Bangladesh continues
US buyers now prefer sourcing apparel from India, citing its political stability as a key factor. While India's strength lies in cotton garments, challenges like high labor costs and limited MMF production persist. India aims to leverage its strengths and increase its market share in the US, which is its largest apparel export market. Amid growing concerns about the garment sector in Bangladesh, the US International Trade Commission (ITC) has highlighted India’s rising credibility as a preferred apparel sourcing destination. American buyers cite political stability in India as a key advantage, allowing brands to trust in smooth production and delivery processes. "Brands are more willing to source high-value or fashion items from India compared to less politically stable countries, as they are confident, they will be able to produce and receive their products," the ITC report noted. Indian industry insiders are optimistic, expecting an increase in orders. Presently, around 80% of production in India caters to the domestic market. While the report recognizes India’s competitiveness—particularly in cotton-based garments—it also highlights operational challenges. High labour costs, small production units, and expensive logistics pose limitations for the sector's scalability. Additionally, India’s limited capacity in manufacturing man-made fiber (MMF) products restricts further growth, as some brands view the country as more specialized in cotton garments. The ITC profiled India along with other key garment exporters such as Bangladesh, Pakistan, Indonesia, and Cambodia. These countries, along with Vietnam, gained market share from China over the past decade. Notably, China’s share in US apparel imports fell from 37.7% in 2013 to 21.3% in 2023. During the same period, India’s share increased from 4% to 5.8%, with exports totaling $4.6 billion last year, making the US India's largest market for apparel exports. Vietnam emerged as the biggest beneficiary, boosting its share to 17.8% from 10% over the last decade. The ITC emphasized India's strengths in vertical integration, particularly in the cotton garment segment, due to the availability of most inputs domestically. This comprehensive value chain integration enhances India’s appeal as a reliable supplier. Mithileshwar Thakur, Secretary General of the Apparel Export Promotion Council (AEPC), welcomed the ITC's recognition of India’s strengths beyond cost efficiency. “Indian textile and apparel industry has long been a victim of negative perception. The USITC study has busted this myth by projecting the Indian apparel industry as one specializing in high value-added products, requiring high-skill levels and with the highest degree of reliability," Thakur told TOI. He also appreciated that the ITC assessed factors such as supply chain reliability and product differentiation, rather than focusing solely on cost. With one-third of India’s apparel exports heading to the US, the country is positioned as the fourth-largest supplier to the American market. However, addressing challenges related to labor costs, production capacity, and MMF products will be crucial for sustaining and expanding this momentum. India’s apparel industry is eager to capitalize on its strengths, hoping to increase market share and cement its reputation as a reliable, high-quality supplier amid evolving global trade dynamics.
Source: Economic Times
Beckman Institute researchers used micro-CT scans to understand how stress impacts parachutes on the fiber-scale. This information will be used to develop better models for identifying promising parachute textile candidates. Parachutes have many applications, decelerating everything from skydivers to supersonic-speed scientific payloads. Regardless of what a parachute is slowing down, two things remain constant: the parachute must withstand large amounts of force, and it is crucial to ensuring the safety of whatever it’s carrying. To choose parachute materials that do their jobs effectively, it’s important to fully understand what happens while a parachute is opening and, on its way, down. Beckman Institute for Advanced Science and Technology researchers Cutler Phillippe, Francesco Panerai and Laura Villafañe Roca used computed tomography scans to study the fiber-scale properties of parachute textiles and link them to larger-scale behavior. Their work is published in the American Institute of Aeronautics and Astronautics Journal.“We know generally how a textile impacts the performance of the parachute,” said Phillippe, a graduate student in the Department of Aerospace Engineering at the University of Illinois Urbana-Champaign. “But we don’t know from an experimental standpoint how that performance is related to the individual fiber motions within the textile as well as the dynamic properties of, for example, a bundle of fibers.” If the parachute’s performance — how it behaves in the sky — is considered the macro scale, a bundle of fibers is the mesoscale and an individual fiber represents the microscale, the researchers said.The researchers aimed to quantify what was going on at those smaller scales and link that behavior to the forces and interactions happening on the larger scale. This provides data for computational modelers simulating how untested parachute behaviors might behave and could inform them of new phenomena. The researchers used a micro-CT scanner at Beckman to image two parachute textiles under increasing stress levels. Like a hospital CT scanner, micro-CT scanners use X-rays to image 2D slices of a material. These slices visualize the material’s 3D structure when put together. The group loaded their parachute samples into an instrument called a tensile tester, which allowed them to incrementally increase the force on their textile samples. At each new level of force, micro-CT scans were taken while the samples were kept under stress. Tensile testing showed the researchers how the fibers responded to different levels of stress: how they stretched, straightened and reorganized with increasing loads. When the bundles of fibers changed shape, the pores between them also widened, which would alter how air flows through and around the parachute. When textiles have the same number of the same type of fibers going both directions — up and down versus left and right in the material — the textile is expected to be isotropic. This means that it has the same properties in both directions. For example, applying a force along the vertical axis would be expected to result in the same amount of stress and deformation in the material as if the force were applied along the horizontal axis. However, the researchers observed the opposite: the textiles had different properties in different directions. During weaving, the fibers running in one direction — called the warp — are held in tension on a loom, while the fibers running perpendicular to them — called the weft — are slid in between the first set of fibers. Even after the textile is removed from the loom, the differences in tension during the manufacturing process result in it not being isotropic. Specifically, the fabric is more resistant to being stretched in the direction of the warp fibers. Understanding this difference can inform processes like parachute assembly. Parachutes are made of different textile pieces that are attached to each other, and the orientation of these pieces influences properties of the overall parachute. Choosing the best parachute materials is crucial for safety and mission goals. This research informs models which will be used to identify promising candidate textiles. “Computationalism work is very good at recreating things that have been done,” Phillippe said, “but it’s not quite to the deployment phase (pun intended) of being able to say, ‘Okay, I’ve modelled this new textile, and I can definitively tell you that it is or is not worth the cost to make a prototype.’ Improving models for screening parachute materials makes parachute industries and applications more cost-effective and time efficient. In addition to scientific missions, this work can be applied to parachutes in other settings: for instance, use in relief efforts or in recreation. Phillippe presented his work at a symposium about the interactions between fluids and structures, where he met with NASA computation lists and other programmers who incorporate research like his into their models. “A lot of the time, there’s a slight disconnect in communication between what computation lists need and what experimentalists think that they need, and you end up not completing the full picture,” Phillippe said. “Getting to know everyone and becoming informed on their wants and needs was very inspiring. It really helped to frame what I need to do moving forward from this work.” Phillippe received a NASA Space Technology Graduate Research Opportunities award to continue this research. He is currently using microscopy imaging to better understand how textile pores impact airflow and imaging textiles with flow passing through them to visualize the 3D deformation.
Source: Beckman Institute
MILAN— Expotextil, the most relevant trade fair for the textile and clothing sector scheduled in Peru, will be held in Lima, from November 7 to 10. A delegation of Italian textile machinery manufacturers will also be present at Expotextil. Within the pavilion organized by Italian Trade Agency and ACIMIT, the Association of Italian Textile Machinery Manufacturers, 14 Italian companies will exhibit, including the following 11 ACIMIT members: Color Service, Danti, Dettin, Ms Printing Solutions, Ferraro, Flainox, Ima, Salvadè, Santoni, Ugolini, Willy. In Peru the textile and clothing industry is one of the driving sectors of the national economy. The Country is the world’s leading producer of alpaca fibers (over 80% of global production of this fiber is produced in Peru). Cotton cultivation and processing are also significant, particularly in the northern part of the Country. In 2023, Peru exported textile and clothing products worth a total of USD 1.87 billion, marking a 19.6% increase compared to the previous year. “In a context of a needed technological renewal for Peruvian textiles,” said Marco Salvadè, president of ACIMIT, “the Italian attendance at Expotextil is strategic. The local textile industry needs to renew its machinery and raise the quality of its processes to stay. Italian technology offers Peruvian companies’ suitable solutions for more efficient and resource-saving production.” Over the years, the Peruvian textile industry has already benefited from partnerships with Italian textile machinery manufacturers. Peru is the second-largest market in South America for Italian manufacturers. In 2023, Italian textile machinery exports to Peru reached a value of around 18 million euros. In the first six months of 2024, Italian sales amounted to approximately 8 million euros.
Source: Textile World
BRUSSELS - The European Manmade Fibres Association (CIRFS) has urged European Union (EU) institutions to accept a series of recent recommendations aimed at securing a sustainable textile industry in Europe amid the drive for net zero.
Writing in an open letter to the European Council, Commission and Parliament, Frédéric Van Houte, director general, CIRFS, said the European textile and man-made fibres industry “must be at the forefront of consideration” of the steps being taken to safeguard Europe’s industrial base.
Source: Eco Textiles
A New Era in Textiles Mohite Industries Ltd, founded in 1990 by the Mohite family, has been a pioneer in the textile industry. Diversifying from their ancestral business of constructing earthen dams, the company has established a strong foothold in the textile sector. With a sprawling 35-acre facility in Vadgaon, near Kolhapur, Maharashtra, Mohite Industries has leveraged cutting-edge technology and machinery to set new benchmarks in textile production. This year, the company has achieved a revenue of Rs 850 crore and a profit of Rs 75 crore, a substantial increase from the previous year's Rs 104 crore in revenue and Rs 1 crore in profit. After a potential Rs 3,000-crore deal with fashion giants Zara (Spain)and Uniqlo(Japan), this company is in the news. According to some trade analysts, the company's shares, currently trading at Rs 60, could cross the Rs 900 mark in the next 10-12 months. Let's delve deeper into the rationale behind this expected surge of 1,500 per cent. World-Class Quality The company has invested in state-of-the-art machinery from renowned global leaders like Rieter, Schlafhorst, Luwa, Volkmann, and Uster to enhance its production capacity. This has enabled the production of high-quality yarn that is exported to various countries. Mohite Industries is not only focused on the quality of its products but also on collaborating with suppliers to ensure the highest quality raw materials. Product Diversification and Future Plans Mohite Industries Ltd manufactures and exports 100 per cent cotton yarn in the 20's to 60's count range. Commencing production in 1995, the company has since modernised its machinery and established a capacity of 35216 spindles. Recently, the company has ventured into the production of gray knitted fabric by installing various types of knitting machines. Seeing high market demand for this product, the company is planning to establish fabric processing facilities in the future. Innovation and R&D Mohite Industries Ltd. is always seeking new markets and challenges. The company's R&D division is dedicated to developing innovative solutions tailored to meet the specific needs of each customer. Mohite Industries Ltd is a dynamic company focused on quality and innovation. The company has established a strong foothold in the textile industry and is planning for further expansion. Global Partnerships and Growth The company has recently secured significant deals with global fashion giants in Spain and Japan to supply both cotton yarn and fabric. This is expected to drive significant growth in annual turnover and return on investment. Conclusion Mohite Industries Ltd is an inspiring story of a family business that has leveraged technology and innovation to achieve global recognition. The company’s success mantra is quality, innovation, and customer satisfaction. Mohite Industries Ltd has a bright future and is expected to set new standards in the textile industry. It also strengthens experts' belief in the company's ability to deliver strong returns to its shareholders in the future.
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Source: Zee News
BEIJING -- China's railway network transported 1.004 billion tonnes of cargo in the third quarter of this year, marking a year-on-year increase of 3.8 percent and setting a new record for freight volume in a single quarter, official data showed Sunday. China's railway industry has been improving its transportation services and efficiency to support the high-quality development of the economy, according to China State Railway Group Co., Ltd. During this period, railways handled 520 million tonnes of coal, up 3.5 percent year on year. The company said it will further speed up the development of a modern railway logistics network to facilitate domestic and international economic circulations and reduce logistics costs.
Source: China Daily
On the outskirts of Porto, in the Portuguese town of Vila Nova de Famalicão, the Centre for Nanotechnology and Engineering Materials (CENTI) and the Textile Technology Centre of Portugal (CITEVE) are located side by side. These centres work together to promote Portuguese textiles as a benchmark for a new sustainable and circular European textile industry. This includes a pilot plant for the production of lyocell by the cellulose company Altri. It serves as a model for its controversial "Gama project", a lyocell macro plant it wants to build in the Spanish town of Palas de Rei.
Altri is determined to push ahead with the development of the project despite public opposition. Local residents, environmental organization Greenpeace and the Spanish government itself are all trying to stop the project, which has so far received no public support from clothing group Inditex. A commercial agreement, for example, would provide some guarantee for the project's viability, as is the case with similar initiatives to produce sustainable textiles, such as Inditex's investments in Infinited Fiber and other sustainable textile innovation start-ups such as Circ and Galy. The planned macro plant to produce lyocell will be operated by the Spanish company Green Fiber, which is 75 percent owned by Altri and 25 percent by the Spanish biomass power producer Greenalia. The municipality of Palas de Rei is located in the heart of Galicia, at the junction of the provinces of Lugo, La Coruña, Pontevedra and Orense. To illustrate the Gama project, Altri opened the doors to the CENTI and CITEVE facilities on October 9. Fashion United was there to hear about the process that Altri is trying to scale as the basis for the Gama project, which aims to advance the sustainability and circularity of the European textile industry in general and in Galicia in particular, given the entry into force of various new EU regulations. "It takes many years of research and investment to adapt a technology to industrial scale, but at Gama this is already possible because at Altri we have been researching a sustainable production process at all levels since 2014," said Carlos Vaz Zeller, Altri's Operations Manager and Vice President, during the visit to CITEVE. Altri was then still specialised in the production of pulp for the paper industry but decided to diversify the basis of its business model and start exploring possible applications of plant-based cellulose fibres in the textile industry. This started with a soluble cellulose plant (Caima) and accelerated in 2019 through a partnership with CITEVE, where more than 400 researchers specialised in textile innovation work, and with CENTI, where more than 150 researchers focus on next-gen materials. The result is the pilot lyocell production plant, which could be a model for the Green Fiber factory in Palas de Rei. A plant for which "we have the raw material and the technology" to add value to "two strategic sectors, textile and forestry," explains Altris COO and Vice President Carlos Vaz Zeller. The venture thus covers the entire value chain. "We have also carried out tests on the incorporation of textile waste into the production of lyocell, which will be carried out from the Palas de Rei plant, which consolidates its value not only as a sustainable fiber factory, but also as a center for the recycling and valorization of textile waste," adds Vaz Zeller.
Source: Fashion United
Vietnam expects to attract US$39-40 billion in foreign direct investment (FDI), according to forecasts to the end of the year. The Foreign Investment Agency (FIA) under the Ministry of Planning and Investment said in the first nine months of this year, the total registered foreign investment capital reached more than $24.78 billion, an increase of 11.6% over the same period in 2023. Vietnam attracted more than $4.26 billion in FDI, accounting for 17.2% of the total registered capital in nine months. In September alone, Bac Ninh, Binh Duong, and Dong Nai provinces announced their development planning and conducted investment promotion activities. At those events, many projects were granted new and expanded investment certificates. Therefore, the total registered investment capital, or the additional investment capital alone, reached the highest level since the beginning of the year. According to the FIA, in September 2024, three major projects of Amkor, Luxcase and Advance Tyre Vietnam Ltd Co adjusted investment capital, contributing to bring additional investment capital in nine months to more than $7.64 billion, an increase of 48.1% over the same period. Besides, Vietnam’s FDI attraction also saw a bright spot with an improved quality of the FDI flow. According to the FIA, in the first nine months, major projects in the fields of semiconductors, energy (production of batteries, photovoltaic cells, silicon bars), production of components, electronic products, and products with high added value have received additional investment. During the period, the total registered foreign investment capital reached more than $24.78 billion, up 11.6%, and realized capital reached $17.3 billion, up 8.9% over the same period in 2023. Many technology corporations are showing interest in investing in Vietnam. At the Innovate Vietnam 2024, a series of leading global technology corporations, such as NVIDIA, Qualcomm, Intel, AMD, Samsung, and Meta made their presence known. At the event, the leaders of the corporations committed to investing and supporting Vietnam in developing the fields of semiconductors, artificial intelligence (AI), and innovation. Raymond Teh, Vice President of NVIDIA Corporation said that NVIDIA will help accelerate innovation in Vietnam's industries. Meanwhile, President of Meta Group's Global Affairs Nick Clegg said that Meta will produce its newest mixed reality headset, the Quest 3S, in Vietnam in 2025, a move that will create 1,000 jobs. Longtime Vietnam investor Samsung Group also planned to invest another $1.8 billion in an LED screen factory in the northern province of Bac Ninh.
Source: VN Express
KARACHI, A 3-day Textile and Leather Exhibition (Texpo) 2024 will commence from Wednesday October 23 at the Expo Center Karachi to showcase the vibrant textile and leather industries of Pakistan, attracting a diverse array of international stakeholders and industry leaders. The Chief Executive Trade Development Authority of Pakistan (TDAP) Zubair Motiwala, along with secretary TDAP Sheryar Taj, while addressing a media briefing here on Monday, informed that Texpo 2024, the premier trademark event of TDAP providing a platform for networking and collaboration, will continue till October 25 where 260 local exhibitors including 46 leather product manufacturers will display their latest products and innovations in textile and leather sectors. Zubair Motiwala said that over 500 delegates from Europe, Africa, Americas, China and other countries are participating in the event that was poised to attract more than 8000 corporate visitors and a large number of fashion enthusiasts, students, and the general public interested in the latest trends in textile and leather. The event will facilitate networking between local and international businesses, enabling partnerships and trade agreements that will bolster the industry, he added. He informed that a major highlight of the event will be a fashion show featuring Pakistan's top 25 fashion designers. This showcase will highlight contemporary designs and traditional craftsmanship, promoting the country's rich heritage in textiles, he added. A series of seminars will also be arranged on sidelines of the Texpo 2024 and those sessions will cover current trends, technological advancements, and sustainable practices in the textile and leather industries, aimed at empowering participants with knowledge and insights, he stated adding that a number of business-to-business and government-to-business meetings were also expected to take place on the occasion. Highlighting the objectives of the Texpo 2024, the TDAP chief said that the exhibition was aimed at promoting Pakistan's textile and leather industries on a global stage, fostering international business relations and explore new markets and showcasing the innovative and creative capabilities of Pakistani designers and manufacturers. The previous edition of the Texpo witnessed conclusion of business agreements amounting to $340 million and this year we are expecting business deals of over $800 million, he asserted arguing that European Union has decided to continue the GSP+ status for Pakistan and it will facilitate more exports to EU countries while we have a significant number of delegates coming from Africa and South America that would open new markets for Pakistani exporters. He pointed out that export of textile and leather witnessed recovery from the previous year while participation of delegates from EU, Africa, South America depicts that we are heading on in right direction and overseas business entities were interested to make trade deals with us. The secretary TDAP Sheryar Taj, speaking at the occasion, said that remarkable presence of foreign delegates especially from EU and Africa was testament to the fact that there was a huge demand of Pakistani textile products in those countries. The Texpo 2024 will contribute in enhancing textile and leather exports from Pakistan, he hoped. Zubair Motiwala while responding to media queries said that arrival of cotton from some days has recorded visible improvement and it will result into enhancement of annual local cotton production estimates. However, Pakistan has to import 3 to 4 million cotton bales this year to meet the demand of local textile industry which might cost around Rs2 to 4 billion depending on the global cotton prices, he added. He replying to another question said that some companies were working on organic cultivation of cotton in the country in Khuzdar district of Balochistan besides adoption of the organic processes of product manufacturing.
Source: Urdu Point
