Federal Secretary, Textile, Musaddaq Muhammad Khan has said that seven new 'Cotton Standard Institutes' would be established in the cotton zone to improve its quality. He said that the Government has decided to reduce customs duty to zero for raw material. However, there is no plan to declare Multan a 'Textile city'. Addressing the certificate distribution ceremony of cotton selectors he said that more than Rs 240 billion was injected in textile sector to bring it at par with international standard.
Of this, 60 percent was injected in existing industry, while 40 percent was used to establish new industry. He said that China had attained supremacy over all textile exporting countries including Pakistan.
He was informed by trainees that cotton standard machinery (HIV) worth Rs 15 million was lying idle for the last several years and they have been facing difficulties in experiments. Upon this, Musaddaq asked the trainees to take him to the laboratories of reputed textile mills.
He said that grading system would be introduced in the country to get rid of contaminated raw cotton.
PCSI Joint Director Liaquat Ali Khan said that Pakistan earns 70 percent of its total foreign exchange through the exports of cotton products. It provides jobs to 1.5 million farmers, and 24 percent labour is attached with this industry. There are 1200 ginning factories, 5000 textile mills, 5000 oil mills, and 600 soap and feed factories.
Talat Suhail, Muhammad Siddique Khan and Shahid Nadeem also spoke.
Later, certificates were distributed among 80 trainees.
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