AIRLINK 199.50 Decreased By ▼ -13.32 (-6.26%)
BOP 10.21 Decreased By ▼ -0.04 (-0.39%)
CNERGY 6.70 Decreased By ▼ -0.30 (-4.29%)
FCCL 33.00 Decreased By ▼ -0.47 (-1.4%)
FFL 16.77 Decreased By ▼ -0.87 (-4.93%)
FLYNG 22.50 Increased By ▲ 0.68 (3.12%)
HUBC 127.60 Decreased By ▼ -1.51 (-1.17%)
HUMNL 13.85 Decreased By ▼ -0.01 (-0.07%)
KEL 4.75 Decreased By ▼ -0.11 (-2.26%)
KOSM 6.38 Decreased By ▼ -0.55 (-7.94%)
MLCF 42.45 Decreased By ▼ -1.18 (-2.7%)
OGDC 213.40 Increased By ▲ 0.45 (0.21%)
PACE 7.05 Decreased By ▼ -0.17 (-2.35%)
PAEL 41.08 Decreased By ▼ -0.09 (-0.22%)
PIAHCLA 16.94 Increased By ▲ 0.11 (0.65%)
PIBTL 8.35 Decreased By ▼ -0.28 (-3.24%)
POWER 8.81 No Change ▼ 0.00 (0%)
PPL 184.12 Increased By ▲ 1.09 (0.6%)
PRL 38.55 Decreased By ▼ -1.08 (-2.73%)
PTC 24.18 Decreased By ▼ -0.55 (-2.22%)
SEARL 96.00 Decreased By ▼ -2.01 (-2.05%)
SILK 1.01 No Change ▼ 0.00 (0%)
SSGC 40.70 Decreased By ▼ -1.03 (-2.47%)
SYM 18.12 Decreased By ▼ -0.74 (-3.92%)
TELE 8.75 Decreased By ▼ -0.25 (-2.78%)
TPLP 12.25 Decreased By ▼ -0.15 (-1.21%)
TRG 64.70 Decreased By ▼ -0.98 (-1.49%)
WAVESAPP 10.50 Decreased By ▼ -0.48 (-4.37%)
WTL 1.80 Increased By ▲ 0.01 (0.56%)
YOUW 4.02 Decreased By ▼ -0.01 (-0.25%)
BR100 11,748 Decreased By -118.6 (-1%)
BR30 35,470 Decreased By -226.8 (-0.64%)
KSE100 112,925 Decreased By -1223.3 (-1.07%)
KSE30 35,538 Decreased By -414.3 (-1.15%)

Acting Chairman APTMA Punjab Syed Ali Ahsan said APTMA is undertaking an initiative to broad-base the Better Cotton Initiative (BCI) cotton production. He said Pakistan is currently the leading producer of BCI cotton as around 163,000 tonnes of cotton is grown and processed with BCI standards as of December 2013. Acting Chairman APTMA said this BCI cotton initiative was introduced by WWF Pakistan and funded by EU, Switch Asia and IKEA.
APTMA is a founder member of this initiative and in order to make the initiative sustainable and expand it to maximum areas of cotton production is preparing a proposal to the Ministry of Textile Industry for funding the project from the Export Development Fund (EDF). He said the sustainability-led initiative will help boost textile exports across the textile value chain from farm to fashion to foreign trade.
He said the BCI aims to promote measurable improvements in the key environmental and social impacts of cotton cultivation world-wide and the APTMA is among the founder members of the BCI Steering Committee since last four years. He said the BCI cotton farmers have reduced water use by 20%, pesticide by 50% and fertilizer application by 33% after BCI. Similarly, he added, the farmers have also increased their overall net revenue by 35%.
Acting Chairman APTMA Punjab said the traceability of textile products with the use of Better Cotton is fast becoming mandatory and the number of BCI-based producers, traders and merchants is on the rise. He said leading international brands including H&M, Mark & Spencer, Levi's, IKEA and Walmart are sourcing BCI cotton textile products and their targets are increasing every year. He has expressed the hope that the government would help extend support for an earliest expansion of BCI cotton production in Pakistan.

Copyright Business Recorder, 2014

Comments

Comments are closed.