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Related Keywords: cotton production, entire plantation season, favourable weather, higher cotton production, limited stock, meet industry demand, Pakistan Cotton Ginners Association, phutti, seed cotton report, this season in Pakistan, witnessed growth

This season cotton production of Pakistan has witnessed growth by 11 percent to 14.871 million bales compared to 13.391m bales a year earlier. Punjab produced 10.896m bales, showing a rise of 13.14pc over 9.631m bales last season, according to Pakistan Cotton Ginners Association’s (PCGA) final phutti (seed cotton) report for the current season.

But Sindh recorded a growth of only 5.7pc in cotton production at 3.974m bales as against 3.76m bales produced last season (2013-14).

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Tirupur exports of readymade garments has almost touched Rs 21,000 crore in 2014-15, witnessing 17 percent growth over last year. With Comprehensive Economic Partnership Agreement (CEPA) expected in September, exports from Tirupur, the knitwear hub is likely to grow by 20 to 50 percent in a few years, said an exporters' association functionary.

Related Keywords: bedwear exports, cotton fabric, earning, import of synthetic fiber raised, knitwear exports, lower compared to previous fiscal, Pakistan Bureau of Statistics, Pakistan textile and garment exports, synthetic and artificial silk yarn, textile machinery import declinerd, value of textile and apparel exports, witnessed growth

Pakistan textile and garment exports earned has surpassed US$ 10billion mark in the first nine months of fiscal year 2014-15 that began on July 1, 2014. According to the data released by the Pakistan Bureau of Statistics, it has earned US$ 10.207 billion from textile exports. However, the value of textile and apparel exports during the nine-month period was 1.57 per cent lower compared to exports of $9.136 billion in the corresponding period of previous fiscal.