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 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Vidhyaa Shankar. S
A Ganapathi Chettiar

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Lynda Kelly
Suominen Corporation

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search