Home / Knowledge / News / Textiles / Indo-Pak cricket match may hurt textile sector - APTMA
Indo-Pak cricket match may hurt textile sector - APTMA
20
Mar '12
Chairman All Pakistan Textile Mills Association (APTMA) Mohsin Aziz has urged the government to ensure uninterrupted power supply to textile industry during the final of Asia Cup on March 22 unlike March 18 cricket match of Pakistan and India, causing an estimated $15 million loss to textile industry due to 10 hours long electricity shutdown of industry on independent and grouped feeders.

He lamented that putting off electricity supply to industry to entertain cricket fans speaks volumes about government's priority towards industrial development of the country.

Chairman APTMA said the entertainment is though an important segment of a healthy society but having it at the cost of industrial production is not understandable.

According to him, power supply to the textile industry remained suspended countrywide for 10 hours on Sunday due to a pool match between cricket teams of India and Pakistan.

The government had desired uninterrupted power supply during cricket match. Accordingly, the power authorities suspended power supply to industrial units countrywide.

Chairman APTMA said the textile industry was already underperforming due to unprecedented energy crisis in the country since November 2007, leading to 40% capacity closure with a contraction of exports by 15-20% apprehended to be at $12 billion instead of $16 billion achieved in the preceding year.

Mohsin criticized the economic managers for their indifferent attitude towards industrial growth of the country. Eventually, all efforts to attain market access from the European Union prove useless in the face of non-serious attitude of government policy makers, he deplored and said that market access can only be availed if export surplus is available with industry out 365 days a year production cycle.

He said the government should make clear whether it was serious in giving priority to the textile industry or not, as all concerns put forward by the State Bank of Pakistan in its periodic reports on sluggish economic output become meaningless when power supply to industry is suspended for unproductive activities.

Chairman APTMA has expressed fears that the textile millers would be left with no option but to close down their businesses if this non-serious trend of continues. The government should give priority to industry on entertainment, as entertainment with empty stomachs is a bane not boon for any society on earth, he concluded.

All Pakistan Textile Mills Association (APTMA)


Must ReadView All

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Textiles | On 23rd Sep 2017

India: Odisha to set up handloom, handicrafts council

The Odisha state government will set up the Handloom and Handicrafts...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Priyanka
Studio Priyanka Rajiv

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

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Kevin Nelson
TissueGen

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Mike Hoffman
Gildan Activewear SRL

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

Aditi Somani
Aditi Somani

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

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