Page 18 - October-November-2018
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                    Cotton production estimated at 10.874


               million bales in the current sowing season




            Cotton production throughout the current cotton crop   the crop production was expected to be 2.600 mn
            season is probably going to remain 10.874 mn bales   bales due to water stress which is a reduction of
            as against the set targets of 14.37 mn bales which   5-20pc in the Sindh cotton production yield. The
            shows a decrease of 22 pc.                        cotton production in Balochistan was estimated at
                                                              0.150 mn bales and Khyber Pakhtunkhwa was
            According to the Cotton Commissioner in the Ministry   estimated to produce 0.020 mn bales.
            of National Food Security and Research, Dr Khalid
            Abdullah, the low output is attributed to the drastic   However, he said that it was an initial estimates and
            climate changes, acute water shortage and the     figures of output may improve in second and third
            prolonging weather patterns throughout the crop   estimation as the weather was dry and pest attack
            sowing season in the province Sindh. He further   was not reported so far.
            added that the cotton crop within the Sindh region   The pest attack including cotton mealybugs, pink ball
            remained under the water stress due to below      worm also reduced and it was reported at 23 percent
            average rainfalls in the crop growing areas of the   as compared the 27 percent of same period of
            Sindh province which was going to supplement the    last year.
            overall output in the second and final estimation.
                                                              Overall the cotton cultivated was more than 2.31 mn
            In Punjab, the cotton crop production was expected   hectares in the Punjab province, registering 11pc
            to be 8.077 mn bales as compared to Sindh where   growth and in Sindh it was reduced by 31pc.



                                     Mr Khurram Mukhtar, the new


                                     PTEA Chairman demands a viable


                                     textile policy



             For the second time Mr Khurram Mukhtar has been   Manufacturers Federation in Switzerland.
             elected unopposed as the chairman of Pakistan    Additionally, he also has a glorious trade record of
             Textile Exporters Association (PTEA). Mr Rizwan   serving in social sector.
             Ehsan from Rizwan Enterprises has been elected
             unopposed as Senior Vice Chairman and Mr         Mr Khurram Mukhtar, the new PTEA Chief
             Muhammad Idrees of Afino Textile Mills (pvt) Ltd as   commented, “Presently the textile industry is facing
             the Vice Chairman for the two year term of 2018-19.   many challenges in almost all segments particularly
             Other officals have also been elected unopposed.  high utilities cost, trade deficit as well as additional
                                                              levies and other impediments directly affecting the
             New PTEA Chief Mr Khurram Mukhtar hails from a   cost of doing business. It has hampered exports of
             noted, distinguished and prosperous business     the country. Textile sector will have to deliver to steer
             family. He’s an active member of famous business   the country out of economic troubles. For this, we
             network referred to as M/s Sadaqat Ltd.          need the cooperation of not only the entire sector
                                                              but also of value-added associations.”
             He is additionally serving as chairman of FESCO
             Board of directors, Director of Faisalabad Garment   He appealed to the Govt. to draw a viable policy on
             City Company (FGCC), member of core Committee    textile as this sector has the potential to wipe out
             of Young Entrepreneur Organization of Pakistan   the whole trade deficit, provided that the factors
             (YEOP) and member of International Textile       impeding its growth are removed.

               October/November 2018
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