Home / Knowledge / News / Textiles / 'Textiles moving towards difficult future' - Mr Umar, Allawasaya Mills
'Textiles moving towards difficult future' - Mr Umar, Allawasaya Mills
14
Apr '09
Mr Muhammad Umar
Mr Muhammad Umar
The Pakistan textile industry is going through one of the toughest periods of its century's old existence. As if the energy shortages and labour problems were not enough in 2008, the economic turmoil came along to give more troubles.

But the spirit of the 'Never say die' attitude of the Pakistani textile industry has stood it in good stead and the sector has delivered exemplary results by garnering exceptional profit growth in the first half of the current fiscal (2008-09).

Fibre2fashion spoke to the Company Secretary; Mr Muhammad Umar of Multan based Allawasaya Textile & Finishing Mills Ltd, which has been at the forefront in high quality yarn manufacturing for more than 50 years and is an 'ISO 9001:2000' company.

We started off by asking Mr Umar to tell us the different varieties of yarn produced by them, to which he said, “At the Multan plant, we produce Polyester/Cotton (52:48) from 10/1 to 40/1 and in our other unit we manufacture open end yarn from 6/1 to 22/1 auto coned yarn which we sell in Pakistan as well as all over the world”.

Next we asked him his views on the global textile industry, to which he optimistically said, “Textile sector is going to face a very difficult time period because of current financial position and we are hopeful that the situation should be okay and will be productive after one or two years”.

Next we asked him as to how he sees the domestic textile industry performing in current times, to which he replied by saying, “The Pakistan textile sector is moving towards a very difficult future and only because of high rate of mark-up, almost over 15 percent, electricity and gas shortages and high taxes”.

Moving ahead we requested him to describe the hurdles in the path of progress of the sector, to which said, “All the ones mentioned above, but, we are also hopeful that things are going to change soon with regards to mark-up and our government is doing well to produce electricity to avoid shortages by the year end”.

To end the interview we asked him whether the current happenings in the cotton sector will affect his unit, to which he replied by saying, “The current position of cotton in the markets in Pakistan is very good and I do not foresee any problems in future”.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 27th Mar 2017

Fynd raises $500K Series A funding from Venture Catalysts

Fynd, an online to offline (O2O) e-commerce fashion marketplace, has...

Apparel/Garments | On 27th Mar 2017

Digital technology to accelerate Indian business growth

Indian business will benefit much by going digital, according to a...

Textiles | On 27th Mar 2017

Raymond to buy 98,000 metres khadi fabric from KVIC

Raymond, leading Indian fashion retailer, has ordered 98,000 metres...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Shawn Honeycutt
Bolger & O'Hearn

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

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Johan Berlin
InvestKonsult Sweden AB

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Madhu Jain
Madhu Jain

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

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
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