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Daily Archives: January 18, 2017

All Pakistan Bedsheets and Upholstery Manufacturers Association welcomes announcement of Rs.180 billion export led growth initiative for textile sector

Multan, January 18, 2017 (PPI-OT): Khawaja Muhammad Younus Chairman All Pakistan Bedsheets and Upholstery Manufacturers Association appreciated the Prime Minister for taking a bold step on announcing Rs. 180 billion export led growth initiative for the Textile Export sector of Pakistan. The Textile Package includes duty free import of Cotton and man made Greige Fabrics, besides duty Drawback on export of Yarns /Fabrics 4 percent processed Fabrics 5% Home Textile and Made ups 6% and on Garments 7% on FOB Value.

He also lauds the role of Main Muhammad Shahbaz Sharif Chief Minister Punjab, Federal Ministers Ishaq Dar and Mr. Khuram Dastgir who briefed the facts on declining exports day by day and suggested and recommended various measures to boost exports.

Chairman APBUMA expressed concern over the increasing trade deficit and hoped that Rs,180 billion Textile industry revival Package will give boost to the Country’s exports and positive results would be in the obvious within a next Six months with the availability of business friendly Scenario against competitors .

Kh. Muhammad Younus also appreciated and acknowledge the services of S.M. Muneer Chief Executive Trade Development Authority of Pakistan (TDAP) for playing instrumental role in the Textile Package. He expected that the incentive and support to the exporters would definitely address the challenges being faced by this important sector. He further said it was right time to announce the Package as majority of exporters of Bedlinens ,Made ups and Home Textile and Garments were participating a world renowned Haimtextile Fair to fetch the export orders for the whole year.

He thanked the Prime Minister Mian Muhammad Nawaz Sharif and hope that this Package will lead to increase in exports, reduction cost of doing business, and new employment opportunities.

For more information, contact:
All Pakistan Bedsheets and Upholstery Manufacturers Association (APBUMA)
20-T, Masoom Shah Road, New Multan, Pakistan
Tel: +9261 4552909, 6772487
Fax: +9261 4552981
Email: apbuma.mul@gmail.com
Web: www.apbuma.org

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Pakistan Cotton Ginners Association issues figures of cotton arrival upto January 15th,2017

Multan, January 18, 2017 (PPI-OT): Pakistan Cotton Ginners Association (PCGA) has issued the figures of cotton arrival upto January 15th,2017. Seed cotton (Phutti) equivalent to over 1,05,35,922 bales of cotton have reached ginneries across Pakistan as of January 15th,showing an increase of 11.19 per cent compared to corresponding period last year when ginneries received 94,75,729 bales.

According to the 8th fortnightly report of Pakistan Cotton Ginners Association (PCGA) issued here today, Chairman of PCGA Dr.Jeso Mal ,Ex- Chairman Shehzad Ali Khan and group Chairman Haji Muhammad Akram, Senior Vice Chairman Suhail Mehmood Haral briefed the mediamen about cotton production and said Out of the total arrivals, 10.53 million bales of cotton have been converted into bales so far. Ginneries in Punjab recorded arrival of 67,65,159 bales recorded increase of 17.81 per cent. Sindh ginneries recorded arrival of 37,70,763 bales while last year Sindh received 37,33,243 bales merely 1.01 % more .

Ginneries in Sindh recorded an increase of 1.01 % as compared to corresponding period last year. Textile mills have bought 92,38,656 bales while exporters bought 1,99,844 bales.

The total bales sold out so far were calculated at 10,09,554 bales. While 10,97,422 bales are lying unsold .Multan received 2,93,076 bales 129.53 percent increase than last year, Lodhran 1,89,434 bales 104.93 % increase, Khanewal 5,75,742 bales 47.97 % increase, Muzaffargarh 3,19,482 bales an increase of 24.37 %, Dera Ghazi Khan 3,35,947 an increase of 15.41 %, Rajanpur 3,32,312 bales, 17.85 % decrease, Layyah 2,66,425 bales 7.51% increase, Vehari 3,78,262 bales 24.78 % increase, Sahiwal 2,09,456 bales 16.35 % less than last year, Pakpattan 41,873 bales 37.01 % less, Okara 19,086- 13.63 % less ,Toba Tek Singh 1,57,167 bales, Faisalabad 37,080 bales 28.17%less than last year, Jhang 30,102 showing decrease of 26.51 %, Mianwali 2,63,435 a decrease of 17.62% , Bhakkar 61,641 (23.72 % less) Sargodha 9,847(12.07 % less), Rahimyar Khan 11,35,966 bales (Merely 4.16% increase), Bahawalpur 9,60,982 an increase of 34.95%,and Bahawalnagar 11,47, 817 an increase of 37.36 %. In Sindh: Hyderabad 2,27,122 bales 9.27% less than last year, Mirpur Khas (Thar) 2,69,832 bales 1 % less, Sangarh ,12,29,245 bales 7.83 % decrease, Nawabshah 3,27,156 bales (4.65 % increase), Naushero Feroze 3,36,411 bales (18.84 % increase),Khairpur 2,88,872 (9 % increase) Ghotki 2,99,919 (3.88 % increase),Sukkur 5,32,980 (19.26 % increase)Dadu 44,227 bales (25.26 % increase) Jamshoro 1,12,036 bales (15.76 % less) ,Badeen 27,027 bales 14.47 % less) and Baluchistan 75,936 bales (an increase of 32,12 %). Total 253 ginning factories are operational in the country. Of them 145 in Punjab and 108 in Sindh. Total 10,97,422 bales are lying in unsold stock.

For more information, contact:
Pakistan Cotton Ginners’ Association (PCGA)
PCGA House, MDA Road Multan
Phone: 061-4549810, 4549815-6, 4573913, 4573937
Fax: 061-4549817
Email: pcga@pcga.org

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