Home / Knowledge / News / Textiles / APBUMA voices concern over gas outages hitting textile industry
APBUMA voices concern over gas outages hitting textile industry
21
Nov '11
The All Pakistan Bedsheets & Upholstery Manufacturers Association (APBUMA) has voiced grave concern over the three day gas load-shedding for textile industry in the country.

The Association has claimed that it would badly hit the labour-oriented textile industry of the country, leading to closure of several units and fall in export volumes.

APBUMA said around US$ 1.5 billion worth of production capacity went unutilized during the last fiscal year as most of the industries suffered gas load-shedding for 75 days, which restrained the industry from achieving its export target of US$ 15 billion.

APBUMA stated that the textile industry directly accounts for 60 percent of Pakistan's exports, while employing over 15 million people. Moreover, it also serves as a backward linkage to domestic agriculture industry.

As a key issue, while power and gas tariffs and adjustment charges are increasing the export-oriented industry's production cost, suspension of local taxes and duty drawback would also negatively impact exports of value-added goods as claims worth billions of PKR have still not been released by the State Bank of Pakistan, the Association stated.

It further stressed that owing to power crisis, the country's exporters are not being able to execute their export commitments in time, and hence a majority of the EU and US buyers are losing faith in them.

Also, with unproductive Government policies, Pakistani exporters are losing their global market share to competitors both from within the region and outside.

The Association also expressed concern about the upcountry industry, which during the current fiscal is getting only 2.110 million cubic feet gas per day (mmcfd) against the demand for 3.326 mmcfd, and hence enduring a shortage of 1.216 mmcfd on average per day.

APBUMA emphasized that in order to counter the vital issue of gas shortage, the Government should frame comprehensive policies so as to protect the domestic textile industry and save it from closing down.

Fibre2fashion News Desk - India


Must ReadView All

India’s e-commerce policy framework in 6 months: official

Apparel/Garments | On 26th Apr 2018

India’s e-commerce policy framework in 6 months: official

In the next six months, India will come out with a framework for a...

MSME secretary Arun Kumar Panda presenting 'friend of India' plaque to a delegate from Malawi at the first International SME Convention. Courtesy: PIB

Apparel/Garments | On 26th Apr 2018

India to set up Digital Trade Desk for SME collaboration

India’s ministry of micro, small and medium enterprises (MSMEs) has...

Courtesy: Kai Pilger from Pexels

Apparel/Garments | On 26th Apr 2018

FOBAP in the Philippines trying for garments sector revival

The Foreign Buyers Association of the Philippines (FOBAP), a body...

Interviews View All

Top executives
Textile industry

Knowledge sharing platform needed for sustainable water management

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mark Paterson
Technical Absorbents Ltd

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

Marcel Alberts
Eurofibers

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

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

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


April 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


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