Home / Knowledge / News / Gas load shedding rattles leather sector
Gas load shedding rattles leather sector
18
Oct '10
The Pakistan Government's decision of observing gas holiday for two-days in a week has raised the anxiety of leather industry, as the decision is sure to lay a negative impact on the sector, which is one of the important export oriented industry.

The leather sector has sounded a caution that if the government keeps on assuming such detrimental policies, it may lead the nation to economic slump. It is also averred that, the move will prove harmful for the tanning industry as continuous power supply is essential to care for the expensive raw materials including hides and skins. The two day gas holiday would cause the industry to suffer a gas scarcity of over 33 percent.

In winters, it is not only seasonal breaks but even closure for maintenance reasons that hamper working of the leather industry which is a continuous process industry. Experts divulged that as the occasion of Eid-ul-Azha is nearing, and tanners make bulk purchases of hides and skins during this period, this material needs to be preserved for days together, but such gas holiday would cause hindrance.

Further, the leather sector experts even stated that, power cuts and energy load shedding in whole of Pakistan and especially in Punjab is badly harming the leather industry. Right now even the leather sector has slumped by over 30 percent and it would plummet further if such anti-business policies are not restrained.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 29th Apr 2017

Slight drop in Unifi 2017 Q3 sales

The net sales of Unifi Inc., one of the world's leading innovators in ...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Textiles | On 28th Apr 2017

India lifts CVD imposed on Nepali Jute goods

The countervailing duty (CVD) that was imposed on Nepali jute...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X