Breach of commitment by gas authorities to restore gas supply to Punjab industries from October 29, has raised the fury of Pakistan textile industry representatives.
Breach of commitment by gas authorities to restore gas supply to Punjab industries from October 29, has raised the fury of Pakistan textile industry #
Pakistan Textile Exporters Association (PTEA) Chairman Asghar Ali and Vice Chairman Muhammad Asif said producers and exporters prepared their production and supply plans and invited labour based on the gas authorities’ commitment. However, instead of restoring supply, the gas utilities extended the load-shedding on its own, without taking stakeholders in confidence.
Breach of commitment by gas authorities to restore gas supply to Punjab industries from October 29, has raised the fury of Pakistan textile industry #
They said if the Government is not in a capacity to bridge the demand-supply gap, it should have at least invited all stakeholders on board and prepared a proper load-shedding plan, thus allowing the producers to adjust their production schedules in lines with gas supply schedules.
Breach of commitment by gas authorities to restore gas supply to Punjab industries from October 29, has raised the fury of Pakistan textile industry #
Also, they questioned as to how it would be possible for the exporters to honour their export commitments and make timely delivery of their Christmas orders, given such production breaks.
Breach of commitment by gas authorities to restore gas supply to Punjab industries from October 29, has raised the fury of Pakistan textile industry #
The arbitrary load-shedding has halted the manufacturing process, and it badly hit exports and has caused the industry to suffer a loss of around Pk Rs. 1-1.5 billion, besides raising employment concerns for millions of workers, the PTEA officials said.
Breach of commitment by gas authorities to restore gas supply to Punjab industries from October 29, has raised the fury of Pakistan textile industry #
Expressing concern over a steep fall noted in value as well as volumes of bed-wear exports during September, mainly due to power crisis, Mr. Ali informed that as per official statistics bed-wear exports fell by 7.92 percent year-on-year in terms of value and 7.73 percent year-on-year in terms of volume, during September this year.
Breach of commitment by gas authorities to restore gas supply to Punjab industries from October 29, has raised the fury of Pakistan textile industry #
Fibre2fashion News Desk - India
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