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Ginners commit to pay Rs

200 per maund extra for clean

contamination free cotton

Textile sector gets Rs 14

Mr Malik Nauman Ahmad Langrial, Punjab Minister officials, researchers and representatives.
for Agriculture informed that ginners have
billion in duty draw backs
committed to pay a premium price of Rs 200 extra The meeting deliberated upon the cotton THE SMARTER
per maund for contamination free - clean cotton. production targets for the Punjab province and
measures to be adopted for achieving them. The
under PM export package
He said the dept. would monitor input quality and departments presented data about the availability
prices and all efforts will be made for provision of of essential inputs (fertilizer, pesticide) and canal WAY TO INDIGO
essential inputs for the cotton crop at affordable water irrigation situation and electricity supply
prices. position in the coming season.

He said this while presiding over a meeting of
Under the Prime Minister’s export enhancement Mr Jahangir Khan Tareen also spoke on the
machinery for bringing about modernization and
Cotton Crop Management Group (CCMG) at
package in duty draw backs and exports of modern occasion and stated that the federal government
enhance production capacity of this particular
Central Cotton Research Institute (CCRI) Multan. Mr
machinery for growth of textile sector, the textile would play its role in achieving the cotton
industry.
Jahangir Khan Tareen, Senior Pakistan PTI leader
industry has received Rs 14 billion in the first seven production target of 15 million bales set by Prime
was also present at the meeting along with other
months of the current fiscal year. Minister Imran Khan.
According to Mr Iftikhar, through this package the
cost of doing business would come down that would
During the next five years, the textiles sector would benefit both industrialists, exporters as well as the
get additional Rs115 billion through the package for common people. He said that the package was
increasing the textile exports, Mr Iftikhar Babar, aimed at enhancing confidence of the business
Secretary Textiles and industry told. He said that for community. He remarked, “We want to revive
Funds of Rs 46.200m approved
the promotion of textile sector and textile led exports, confidence of the textile sector through this trade
the government has rationalized price of energy enhancement package”.
including electricity and gas to help the industry
for “1,000 Industrial Stitching Units”
grow in the country. He also said that it was among Meanwhile, All Pakistan Textile Mills Association
top priorities of the government to create conducive (APTMA) General Secretary stressed the need for
business environment for textiles sector to enhance providing a competitive business environment for
external trade and earn foreign exchange reserves. the textile sector to boost country’s trade. He
Funds of Rs 46.200mn for “1,000 Industrial Stitching Units” project has been approved by the Planning
emphasized on striking structural balance and
Commission to promote the public-private partnership to boost the value addition in the field of textile
garments. An MoU has been signed with SMEDA for its execution.
Mr Iftikhar further informed that the government had enhancing viability of industry to compete with
planned to expand coverage areas under the Export regional competitors, including India, Bangladesh, Smart-IndigO’M revolutionizes the dyeing process for denim. It opens-up the
60% funding for the machinery will be provided from PSDP and 40% would be borne by the beneficiary of the
Enhancement Package to other industrial sectors and Vietnam. He said pragmatic and export-led
policies were required for industrial growth and
including pharmaceuticals. The government had stitching units. industrial production of Leuco-Indigo on the basis of electro chemical reduction for
also given relaxation on the import of textile increases the country’s exports. the first time. This environmentally friendly process was evolved in Switzerland and
The project will be implemented all over the country including AJK and GB. developed technologically to marketability. A Global Innovation! The smarter way
to indigo is trend setting for the whole denim industry. Follow us!
1st Phase of the project for Establishment of 150 Industrial Stitching Units (ISU) was approved by CDWP on
15th January 2018 at a total cost of Rs.350.545mn. However, no allocation from PSDP was made during the
current financial year 2018-19.
After taking over the charge, the Adviser to the Prime Minister on Commerce and Textile has taken serious
notice on extraordinary delay of the project. Under the guidance of the Adviser, Planning Commission was
requested to allocate appropriate funds for the project during the CFY 2018-19. SEDO ENGINEERING SA Technical Color Solution
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April/May 2019
May/June 2020 info@smartindigo.com amohiuddin@tec-color.com
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