Home / Knowledge / News / Textiles / Value-added textile sector derides closure of spinning mills
Value-added textile sector derides closure of spinning mills
18
May '10
All Pakistan Textile Mills Association's (APTMA) decision to close spinning mills on Tuesday and Wednesday has been rejected by the Pakistan Hosiery Manufacturers and Exporters Association (PHMEA) North Zone, saying this two-day closure will generate financial issues and create more problems for the spinning sector.

Such a two-day closure of spinning mills will leave a million of workers without job and will also impact Pakistani exports drastically, said Mian Naeem Ahmad, Vice Chairman PHMEA North Zone. He advised APTMA to force the government to take steps against yarn crisis instead of closing mills, as yarn crisis have brought the industry to the verge of extinction.

Moreover, he asked to ban yarn exports completely and stressed that, raw cotton should be made available in the domestic market so that the local textile industry and the exporters of the country could meet foreign commitments along with bringing in foreign exchange, added Ahmad.

Fibre2Fashion News Desk - India

Must ReadView All

Textiles | On 19th Jan 2017

Pakistan imposes duty on Indian fine cotton yarn

A provisional countervailing duty ranging from Rs 26.89 to Rs 55.8 a...

Textiles | On 19th Jan 2017

Union Budget: Textile sector expects excise duty revisions

Excise duty on man-made fibres should be reduced to bring it on par...

Union textiles minister Smriti Irani at the inauguration of IIGF in New Delhi with textiles secretary Rashmi Verma and other dignitaries. Courtesy: PIB

Apparel/Garments | On 19th Jan 2017

Ministry to reimburse apparel exporters for state levies

The textile ministry has received a sum of Rs 500 crore from the...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Claudia Kersten
Global Organic Textile Standard

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

Ashok Desai
Bombay Textile Research Association

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mohammad Hassan
Biax Fiberfilm

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

Karan Arora
Karan Arora

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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
January 2017

January 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