Home / Knowledge / News / Textiles / Cotton farmers may not recover production cost: APTMA
Cotton farmers may not recover production cost: APTMA
04
Jul '14
The All Pakistan Textile Mills Association (APTMA) fears that cotton growers in the Punjab province may not able to recover their production cost if the ongoing energy crisis in the textile industry continues for another one month.
 
Addressing a press conference in Lahore, APTMA senior vice chairman Akbar Seth said the continuation of energy crisis would affect the productivity of the textile industry, and mills would not procure more cotton, which may result in farmers not getting enough price to recover their production cost, and some farmers may even resort to set their crop ablaze after failing to get appropriate price, endangering the province’s cotton economy.
 
APTMA Punjab Chapter’s Syed Ali Ahsan, who was also present at the press conference, said production capacity equivalent to 100 textile units has already closed in the province due to power load shedding.
 
Mr. Ahsan, however, appreciated the Punjab government for providing adequate gas supply to the textile mills during last winter.
 
He said APTMA has signed an agreement with a China-based company for setting up a 330 MW coal-based power plant, but the question is continuation of operations until the power plant becomes functional.
 
According to Mr. Ahsan, there has been an unprecedented load shedding, which has resulted in yarn and fabric exports from the province to decrease by 22 percent and 36 percent, respectively, in April and May this year.
 
He urged the Government to immediately provide electricity and gas supply to the Punjab-based textile mills, which act as a source of livelihood for about 15 million people.
 
At present, there is ten hours-a-day electricity load shedding and 16 hours-a-day gas load shedding in Punjab, according to the APTMA official.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Walmart

Apparel/Garments | On 23rd Mar 2017

Walmart acquires ModCloth

Walmart has acquired the assets and operations of ModCloth, one of...

Textiles | On 23rd Mar 2017

SIMA advises mills to avoid panic buying of cotton

The Southern India Mills' Association (SIMA) is advising mills to...

Apparel/Garments | On 23rd Mar 2017

Tulip Retail, True Fit personalise in-store shopping

Tulip Retail, a mobile application platform built exclusively for...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mohammad Hassan
Biax Fiberfilm

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Rupa Sood and Sharan Apparao
Nayaab

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

news category


Related Categories:
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search