Home / Knowledge / News / Apparel/Garments / Govt faces criticism over rise in petroleum prices
Govt faces criticism over rise in petroleum prices
09
Nov '10
The Pakistan government is facing strong condemnation from Pakistan Leather Garments Manufacturers & Exporters Association (PLGMEA) for raising the rates of petroleum products by around nine percent. The already ailing export sector is confronted with a number of issues including that of acute power cut, deteriorating law and order conditions and rising prices of raw materials.

Also, the government's decision of raising the rates of petroleum products has further distressed the industry, because petroleum product prices straight way influence the cost of fuel required to run generators which are greatly required by the factories as most of the time they have to face power cut.

Moreover, as most of the times the garment units provide transportation facility to their workers, this rise in prices of petroleum products would certainly raise the transportation cost. Also, the leather garment factories use some of the chemical solutions which are obtained from petroleum products, due to which the production cost is bound to rise.

Further, a year-on-year hike of 50 percent in leather exports during the third quarter of the current year, has greatly elevated the prices of leather garment exports. Meanwhile, massive floods in the country have also claimed lives of a number of animals, leading to scarcity of raw hides and skins.

If this price rise persists in such distressing proportions, it is likely to compel the leather industry to cease its operations, as the leather units then would not be in a condition to compete in the global market.

Fibre2fashion News Desk-India

Must ReadView All

Apparel/Garments | On 18th Jan 2017

Government considering 100% FDI in single brand retail

The Government of India is looking at allowing 100 per cent foreign...

Courtesy: Walmart

Apparel/Garments | On 18th Jan 2017

Walmart to create 34,000 new jobs in the US

The world’s biggest retailer and also the biggest US private sector...

Courtesy: UN Department of Public Information

Textiles | On 18th Jan 2017

World economy expanded by just 2.2% in 2016: UN

The world economy expanded by just 2.2 per cent in 2016, the slowest...

Interviews View All

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search