Pakistan textile industry touches $10.385b in nine months of this FY

News Tags: agriculture value addition, cotton, cotton cultivation, Cotton growers, Pakistan textile industry, raw material

Islamabad
Pakistan textile industry touches $10.385b in nine months of this FY
Summary: 
Cotton is an important source of raw material to the textile industry which has helped the textile industry to achieve $ 10.385 billion during the period of first nine months of this fiscal year as foreign exchange to national exchequer.

Cotton is an important source of raw material to the textile industry which has helped the textile industry to achieve $ 10.385 billion during the period of first nine months of this fiscal year as foreign exchange to national exchequer. The cotton shares 1.4 percent in GDP and 6.7 percent in agriculture value addition, which was cultivated on an area of 28,06,000 hectares, 2.5 percent less than last year’s area of 28,79,000 hectares. The production stood at 12.8 million bales during the period against the target of 14.1 million bales set, according to the Ministry of Textile.

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