Cotton yarn, cloth production increase 0.78pc, 0.51pc in 9 months

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Domestic production of cotton yarn and cotton cloth grew by 0.78pc and 0.51pc respectively during first three quarters of current financial year as compared the production of corresponding period of last year.

During the period from July-March, 2016-17, 2.572m tons of cotton yarn produced in the country as compared the production of 2.552m tons of the same period of last year.

According the computation of Quantum Index Numbers of large scale manufacturing industries, domestic yarn production in Month of March, 2017 was recorded at 287,450 tons as against 282,695 tons of same month of last year. Meanwhile, in last 9 months of about 784.250m square meters of cotton cloth were produced, which were recorded at 780.233m square meters in the corresponding period of last year.

Domestic production of cotton cloth was recorded at 87,500 thousand square meters in month of Mach as against 86,500 square meters of same month of last year. However, during the period under review, jute goods production decreased by 7.95 percent as was recorded at 41,793 tons as against 45,402 tons in same period of last year. On month on month basis, 7,085 tons of jute goods produced in March as compared the production of 2,681 tons of same month of last year.

In last nine months, sacking production was recorded at 23,702 tons as compared 25,095 tons of same period last year, which was down by 5.55 percent.