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This has caused the sector to miss out on technological advantages to its competitors. The All Pakistan Textile Mills Association (APTMA) announced that its members have a plan to increase investment in Pakistan’s textile industry by establishing 1,000 garment manufacturing plants with a total of $7 billion in investments, the association said. The plan is to set up garment plants near major textile producing cities like Lahore, Sheikhupura, Faisalabad, Kasur, Multan, Sialkot, Rawalpindi, Karachi, and Peshawar, with the plants installing half a million stitching machines, which will boost annual production to 3 billion pieces. New investments dropped to more than half a billion rupees ($4.52 million) in 2016-17, compared to Rs 1 billion ($9 million) in 2005-06, the association said. Further, currently, about 35 percent of the textile industry’s production capacity was damaged, causing loss of approximately $4.14 billion worth of potential exports. Once the proposal is implemented, the industry will need an additional 10.3 million bales of raw cotton, 345 million kilograms of manmade fiber, 1.98 billion kilograms of additional yarn and an additional 7.93 billion square meters of processed fiber. This while cotton-producing area and cotton production have decreased 30 percent and 38 percent, respectively, in Punjab since 2011. While the textile sector performed poorly overall, readymade garments did show reasonable growth. According to the Pakistan Bureau of Statistics, the exports of readymade garments registered 13 percent year-on-year growth in July-May 2017-18, which stood at $2.346 billion in 2017-18.