The International Cotton Association (ICA) has blacklisted 84 Pakistani textile mills, barring them from trading in international markets. The decision comes after these mills failed to honor their cotton purchase agreements, prompting the ICA to instruct its members to avoid any business dealings with the defaulters.
The mills on the defaulters’ list are primarily based in Karachi and Lahore, with others located in Faisalabad, Multan, Hyderabad, Kasur, and Gadoon, according to local media reports. Many of these mills are either partially or fully closed, reflecting the ongoing challenges faced by Pakistan’s textile sector.
Some of the prominent mills named in the defaulters’ list include:
- Acro Spinning & Weaving Mills Ltd
- Amin Textile Mills Pvt Ltd
- Ayesha Textile Mills Ltd
- Bashir Cotton Mills Pvt Ltd
- Chakwal Spinning Mills Ltd
- Crescent Fibres Ltd
- Din Industries Ltd
- Kohinoor Spinning Mills Ltd
- Mausummery Lawn
- Sargodha Spinning Mills Ltd
- Gulistan Spinning Mills Ltd
- Quetta Textile Mills Ltd
- Fateh Outerwear Ltd
- Hussain Mills Ltd
The list also includes several other well-known names in the textile industry, such as Shadab Textiles Mills, Silver Star Pvt Ltd, Tariq Textile Mills Ltd, and Zulfiqar Trading Corporation.
This development is a significant blow to Pakistan’s textile industry, which is already grappling with economic challenges, energy shortages, and declining exports. The ICA’s decision to blacklist these mills will further restrict their access to international markets, potentially exacerbating the financial difficulties faced by the sector.
