Home / Knowledge / News / Textiles / APTMA: Save textile industry from load shedding
APTMA: Save textile industry from load shedding
18
Feb '12
Chairman All Pakistan Textile Mills Association (APTMA) Ahsan Bashir has called for an uninterrupted power supply to textile industry in Punjab to rescue it from a total disaster.

He lamented that the textile industry on independent and grouped feeders in Punjab is being subjected to eight to 10 hours a day unannounced load shedding against four hours a day announced load shedding.

According to him, the industry is being denied power supply in a situation when gas supply was heavily curtailed due to cold weather conditions. He said this alarming situation was translating into excessive shift closures and massive layoffs across the industry in Punjab.

Ahsan said the textile mills are timely paying utility bills to DISCOs with minimum line losses and 24/7 power requirement. But still it was not understandable that why the government was not serious in prioritizing such a potential customer in order to earn revenue and do away with the problem of circular debt, he added.

As of December 2011, the textile industry has already registered 35-40% decline of exports in quantitative terms. He said the industry has strong apprehensions that country may lose $300 million per month during 2nd Half of 2012 due to non0availability of energy to the export-oriented textile industry.

He said the industrial unrest is on the rise as the energy managers are shutting down 132KVA lines for textile industry in Punjab.

Chairman APTMA Punjab said the textile industry was under serious threat of closure followed by bankruptcies, as its capacity of cash generation is at halt being a direct victim of energy shortage in the country. Further, he added that the industry was unable to meet deadlines against exports orders, earning a reputation of unreliable supplier in the world markets.

He has urged the government to redress the situation immediately and ensure uninterrupted power supply to textile industry enabling it for earning foreign exchange and retaining jobs in the larger economic interest of the country.

All Pakistan Textile Mills Association (APTMA)


Must ReadView All

Apparel/Garments | On 28th Jul 2017

DuPont launches new stretchable electronic inks, films

DuPont Advanced Materials has announced availability of its newest...

Textiles | On 28th Jul 2017

Clariant, Huntsman present update on planned merger

Clariant and Huntsman Corporation have presented a first update on...

Apparel/Garments | On 28th Jul 2017

Columbia Sportswear posts Q2 2017 net sales of $398.9 mn

Columbia Sportswear Company has recorded net sales of $398.9 million...

Interviews View All

Anshul Sood
Oceedee

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

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Larry L Kinn
Suominen Corporation

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Madhu Jain
Madhu Jain

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

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

July 2017

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
61.1%
No
22.2%
Skip
16.7%

Total Votes: 18

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
33.3%
No
44.4%
Skip
22.2%

Total Votes: 18

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
83.3%
No
5.6%
Skip
11.1%

Total Votes: 18

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
50.0%
No
11.1%
Skip
38.9%

Total Votes: 18


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



X