Home / Knowledge / News / Textiles / Pak energy crisis puts jobs of textile workers at stake
Pak energy crisis puts jobs of textile workers at stake
15
Mar '12
The ongoing energy crisis in Pakistan has put the jobs of around 15 million textile industry workers at stake.

The Ministry of Textile Industry met severe condemnations from textile stakeholders, who are claiming that the Ministry is overlooking the interests of the sector, which is equivalent to deviating from its key goal.

According to All Pakistan Textile Mills Association (APTMA), incidences of mills turning defaulters, in most cases, are circumstantial and not deliberated.

It said gas supply was curtailed for 164 days in 2011, up from 100 days and 77 days in 2010 and 2009 respectively. In addition, the Sui Northern Gas Pipelines Limited (SNGPL) cut off the gas supply for most of the days during the first two months of the current year.

Hence, the mills are not in a condition to repay their bank dues, APTMA added.

The situation is worsening with each passing day, making most of the textile mill owners to think of closing their mills, which would put the jobs of 15 million textile workers at stake, APTMA Punjab Chairman Ahsan Bashir said.

The textile industry needs a multi-pronged bailout plan focusing on ensuring continuous power and gas supply and streamlining industry loans, Mr. Bashir said.

He added that the textile industry is not in a state to shoulder any mounting liabilities, as situation has slipped off its hands.

Fibre2fashion News Desk - India


Must ReadView All

Sanjay K Jain, managing director, TT Ltd

Textiles | On 21st Sep 2017

TT’s Sanjay Jain elected new chairman of CITI

The Confederation of Indian Textile Industry (CITI), the apex body...

Textiles | On 21st Sep 2017

NRF urges US lawmakers to lower corporate tax rates

The National Retail Federation (NRF) has written to the US Senate...

Apparel/Garments | On 21st Sep 2017

UK fashion exports £10.7 bn in 2016; highest till now

Exports of British fashion goods rose to £10.7 billion in 2016, the...

Interviews View All

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Johan Berlin
InvestKonsult Sweden AB

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

Marten Alkhagen
Swerea IVF AB

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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

September 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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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