Home / Knowledge / News / Textiles / Non-availability of yarn leads to closure of powerlooms
Non-availability of yarn leads to closure of powerlooms
02
Mar '10
Khaliq Qandeel Sindhu Secretary General of All Pakistan Powerloom Association, held that unavailability of reasonably priced cotton yarn has resulted in closure of about 60,000 powerlooms in Multan and adjoining areas, while rendering more than 1,25,000 workers jobless.

According to him government overlooked the value-added sector, which brings in about 60 percent of the aggregated foreign exchange. He also remarked that the wrangle amongst the two sections of the textile sector, namely the spinners and value-added sector over availability of cotton yarn in the country has yet not been resolved.

He blamed the spinners from All Pakistan Textile Mills Association (APTMA) of indulging in unjust play, as they exported cotton yarn amounting to 55,281 metric tons, disregarding the ceiling imposed by government through a notification issued in January capping the exports at 50 million Kg per month.

Discussing the future strategy he held that they have already brought the facts to notice of government and now it is up to the government as to how it proceeds in this regard. APTMA ruled out the allegations while claiming that there is no substance in the contention that spinners were exporting cotton yarn by violating government norms.


Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 24th Jun 2017

Applied DNA to tag cotton for 2017/18 US ginning season

Applied DNA, provider of DNA-based supply chain security,...

Apparel/Garments | On 24th Jun 2017

NPD Group launches Trend Tracker for apparel trends

Global information company the NPD Group has launched Trend Tracker,...

Textiles | On 24th Jun 2017

Cotton USA’s first innovation competition in UK ends

Cotton USA has announced the successful close to its first innovation ...

Interviews View All

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Ashok Desai
Bombay Textile Research Association

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Ritu Kumar
Label Ritu Kumar

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

Silvia Venturini Fendi
Fendi s.r.l

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


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