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 2nd Dec 2016

Indian currency crisis impacts global cotton market

The currency crisis in India, marked by insufficient supply of new...

Huang Wei from Fiber Raw Material Dept of Sinopec Chemical Commercial Holding speaking at the Forum

Textiles | On 2nd Dec 2016

Huge potential for nylon consumption: Experts

There is huge potential for increase in nylon consumption said...

Apparel/Garments | On 2nd Dec 2016

Aditya Birla Group to establish apparel unit in Odisha

Aditya Birla Retail and Fashion Ltd. (ABFRL) is establishing a new...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

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

Vasanth Kumar
Max Fashion India

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

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Eric Scholler
Groz-Beckert

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

Larry L Kinn
Suominen Corporation

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Pranav Mishra
Huemn

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search