Page 20 - TEXtalks January/February 2022
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                    COVID-19: A source of a colossal



                        loss of textile exports for the



                                      neighboring rivals




             Pakistan and India are rivals in all fields, including   2022, with value-added textiles accounting for $213
             textile exports. After the COVID-19 pandemic,    million and other textiles accounting for $77 million.
             Pakistan gained momentum and reached new         This loss translates into a considerable decline in
             export targets, while in India, the situation was   both value and volume. Indian Textile sector
             worse, and Indian Textile Sector witnessed a     recovered well in 2021 and showed promising
             colossal loss during the crisis. India is likely to face   results. During April-December 2021, the total
                                                              textiles and apparel, including handicrafts exports,
             rising competition from Pakistan in sectors including   was $29.8 billion compared to $21.2 billion for the
             auto parts and textiles However, Jan 2022 has been   same period last year. This implies robust growth of
             showing a different story so far.                approximately 41% over last year. Compared to
                                                              April-December 2019, textile exports increased by
             Pakistan’s textile exports have dipped by 61% in the   14.6% in April- December 2021. In a nutshell, the
             first nine days of the current month of January 2022.   COVID-19 has significantly affected the textile
             According to projections, textile production     sectors of both countries. However, India suffered
             decreased by $290 million in the first nine days of   more than Pakistan.


                                                                                                                                    MG Apparel’s Cotton Farming Initiative



                  Prada and Adidas to switch from                                                                                              An example to be followed


                                     virgin to Re-Nylon                                                                             In collaboration with HBL, MG Apparel has launched   and higher yarn prices. These issues have increased

                                                                                                                                    the Cotton Farming Initiative that aims to preach
                                                                                                                                                                                     the cost of production and reduced the profit
                                                                                                                                    sustainable farming practices, along with guidance
                                                                                                                                                                                     increase cotton production.
                                                                                                                                    through agronomists on yield improvement & it is   margins. Therefore, there is a strong need to
              The Adidas for Prada Re-Nylon collection, which launched on Jan. 13, reinterprets each brand’s aesthetic              returned to farmers in Balochistan while supporting
               codes once again, blending the Italian brand’s craftsmanship with Adidas’ sportswear heritage. In this                                                                MG Apparel’s cotton initiative could be a helping
             collection, each piece is made in Italy by Prada and with the brand’s signature recyclable Re-Nylon textile.           inter-provincial harmony. This will uplift the   hand to promote sustainable cotton production in
             The signature Re-Nylon is created by recycling plastic waste collected from oceans, fishing nets, and textile          community, improve livelihoods, and remove the   Balochistan, which can ultimately lead to better
            fiber waste. It can be purified and recycled indefinitely, with no loss of quality. The Adidas for Prada Re-Nylon       need for third-party interventions as buyers can   crop yield.
                                                                                                                                    directly approach farmers for raw material.
                collection marks the shift of the entire Prada production from virgin nylon to Re-Nylon is a milestone.
                                                                                                                                                                                     MG Apparel is a premium quality apparel
                                                                                                                                    Pakistan is the fifth-largest producer of cotton in the
            Prada reworked some of the brand’s distinctive pieces with the Adidas branding, all in Re-Nylon, including a            world. It also has the third-largest cotton spinning   manufacturer operating on industry 4.0 guidelines.
              track coat, tracksuit, sweater, a hooded jacket, and a bucket hat. Each piece is available in a duo of color          capacity in Asia (after China and India), with   The company’s mission is to create an
              iterations — black with white stripes and white with black stripes, detailed with Prada’s enameled triangle                                                            environment-conscious brand making a difference
            logo. Prada S.p.A. is an Italian luxury fashion house founded in 1913 by Mario Prada. It specializes in leather         thousands of ginning and spinning units producing   one green step at a time. Such initiatives should be
                                                                                                                                    textile products from cotton. Today, Pakistan is the
            handbags, travel accessories, shoes, ready-to-wear, perfumes, and other fashion accessories. By observing               second-largest producer of Better Cotton globally.   encouraged at the government level to boost the
                                                                                                                                                                                     company's morale and set an example for others to
              and interpreting the spirit of times, Prada’s ambition to play an impactful role in the industry and beyond           Currently, Pakistan is facing cotton shortage issues   follow for the betterment of Pakistan.
                 perfectly aligns with the growing demand from its internal and external stakeholders for dialogue,
                                       transparency, and more sustainable practices.




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