Home / Knowledge / News / Disturbed domestic climate depresses leather sector
Disturbed domestic climate depresses leather sector
21
Jan '10
The disturbed domestic situation is deeply affecting the trade in Pakistan and more so, the leather industry as it is leading to an increase in costs which businesses are not able to pass on to the buyers and in turn to an erosion of profits.

Buyers are no longer traveling to Pakistan, due to a travel advisories issued by their respective countries and instead call the Pakistani leather goods suppliers to other countries, which entails additional cost of travel and hotels.

The biggest impact has been felt in transfer of new technologies. Due to the disturbed situation, leather technicians are shying away from visiting Pakistan. Earlier they used to come and conduct trials and train the local technicians on new technologies.

This has meant that, Pakistani value-added leather goods manufacturers are not able to introduce new products, which is driving business to other countries and there is a sinking feeling that Pakistan could end up as exporter of just raw-hides.

In recent years there has been nil direct foreign investment in the sector, along with which many global retailers have reduced their orders and instead, are diverting their orders to other competitor countries like India, Bangladesh and China.

To make matters worse, the sector has to face the ignominy of frequent and unannounced electricity and gas cuts, which affects production as well as, they are paying higher per unit charges then their counterparts in India, which increases costs of production.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Stone Island

Apparel/Garments | On 25th Jun 2018

Stone Island has mastered ingredient branding: Braind

Italian high-end men's apparel brand Stone Island tops the list of...

Courtesy: Tecnorama

Textiles | On 25th Jun 2018

'Tecnorama automatic dyeing system offers efficiency'

Italy based Tecnorama’s fully-automatic machinery for dispensing...

Courtesy: Lenzing

Textiles | On 25th Jun 2018

Lenzing launches Veocel nonwoven speciality brand

Leading fibre company, the Lenzing Group has unveiled Veocel, the new ...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Suresh Patel
Sidwin Fabric

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Ritu Kumar
Label Ritu Kumar

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

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search