Home / Knowledge / News / Textiles / Yarn output falls by 16,000 tons
Yarn output falls by 16,000 tons
20
May '10
During the two-day agitation and closure of spinning mills, Pakistan's yarn output registered a fall of 16,000 tons, informed a senior official.

All Pakistan Textile Mills Association's (APTMA), Chairman, Ejaz Gohar warned that, if the government failed to withdraw the 15 percent regulatory duty imposed on exports of yarn then spinning mills would opt for complete closure of their mills.

The closure will either be for two months continuously or there would be shutdowns for twice in a week, if the government failed to withdraw its decision. The twice in a week shutdown was enough to erase the export surplus, eventually leading the country to lose its overseas market to India, averred Gohar.

According to former Chairman, APTMA-Punjab zone, Akber Sheikh, Pakistan never faced dearth in yarn. More so, the spinners hiked the yarn prices due to rise in cotton prices in the international market.

While about 7,000 spinning mill workers protested in Sheikhpura, Lahore, about 10,000 employees staged a demonstration at Multan, which was the largest ever.

With the current circumstances in the spinning sector, certain firms have also issued lay-off notices to their workers, which has further miffed the workers.

During the agitations, Rana Muhammad Farooq, Federal Textile Minister, called APTMA members for a meeting to resolve the issue. Gohar said that, they would pressurize the minister to bring about a solution by urging him to act as a minister of the entire textile industry and not just the garment sector.

Fibre2Fashion News Desk - India

Must ReadView All

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Amrit Sethia
SOIE

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

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Larry L Kinn
Suominen Corporation

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

Marcel Alberts
Eurofibers

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Madhu Jain
Madhu Jain

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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
April 2017

April 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