Home / Knowledge / News / Textiles / Textile sector to be freed from gas load shedding – PTEA
Textile sector to be freed from gas load shedding – PTEA
02
Nov '10
Government should free the export-driven textile factories from gas load shedding so that they can retain their competitive edge in the global market. This was revealed by Pakistan Textile Exporters Association (PTEA) Chairman, Waseem Lateef and Vice Chairman, Adil Manzoor Ellahi as they opposed the government's proposal of three-day gas supply closure for textile units.

If the proposal is executed, it would cause a loss of three million dollars per week to textile exports, and would compel the textile units to discharge around 30 percent of their workforce, they stated.

Fearing the negative effects of reduction in industrial production leading to failure in timely delivery of shipments, they stated that, the textile exports have already been under stress on account of the rising cost of raw materials coupled with a hike in overhead prices, and now this gas load shedding has caused serious damage to the existing situation. They further stated that, the production cut is likely to threaten millions of jobs in Faisalabad alone.

Lateef stated that, continuous gas supply is very much needed to keep the factories functional. He also added that, majority of the factories have already closed down and rest of them too may not be able to continue functioning with such interrupted gas supply.

Both the officials together urged the government to initiate all possible measures to find a solution to the issue, as it won't be possible to attain any textile export targets without settling these problems. Also they requested the government to give the textile sector a preferential treatment, to save this sector and the country's economy.

Fibre2fashion News Desk-India


Must ReadView All

Courtesy: Kai Pilger from Pexels

Apparel/Garments | On 26th Apr 2018

FOBAP in the Philippines trying for garments sector revival

The Foreign Buyers Association of the Philippines (FOBAP), a body...

German investors keen to invest in Pakistan: top official

Textiles | On 26th Apr 2018

German investors keen to invest in Pakistan: top official

A German traders delegation will soon visit Pakistan to explore...

Courtesy: Uster

Textiles | On 26th Apr 2018

Uster Technologies acquires Elbit Vision Systems

Uster Technologies has announced the successful closure of the...

Interviews View All

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Urmil Arya

Sushila International, a well established textile organisation established ...

Kerem Durdag
Biovation II LLC

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

Lynda Kelly
Suominen Corporation

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

Larry L Kinn
Suominen Corporation

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

Silvia Venturini Fendi
Fendi s.r.l

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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

Leave your Comments


April 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


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