Home / Knowledge / News / Textiles / Gas & power crunch adversely affects Pak textile industry
Gas & power crunch adversely affects Pak textile industry
Feb '11
Acute shortage of gas is likely to hamper the Pakistan's textile exports greatly while closure of the factories would render thousands of workers jobless and agitating, leading to industrial unrest and deterioration of law and order situation in Pakistan.

Wasim Latif, Chairman of Pakistan Textile Exporters Association, while being apprehensive about adverse impacts of the decline in production in the textile sector and their resultant failure to honour the export commitments, recently said that, the country's textile exports were already bearing the heat of rising cost of raw materials and overhead items and now this gas suspension for four days in a week would prove fatal for the industry.

Such gas scarcity coupled with the electricity crunch has compelled several industries and small and medium scale enterprises to cease their operations. The official said that, such gas and power crunch have claimed jobs of millions of workers as production goes down and it is also inflicting a loss of more than Rs 220 billion on the industry, each year.

He said that, the textile exporters are not being able to meet the export deadlines and the buyers, too, are losing their faith in the Pakistani exporters. Over the last two years a rise of around 73 percent has been noted in the gas prices, which is why the Pakistani products are losing their competitiveness in global markets, while total suspension of gas supply has further added to the difficulties of the industrialists and several others, associated with the sector for their livelihood.

Wasim laid emphasis on that, the government needs to find a solution to the issue as it is not only affecting the industry's production, but has even raised the problems for several daily wagers who are left with no source of income, due to closure of the industries.

He even stated that, industrialization plays a vital part in economic development of any country, as it not only brings in the much sought after foreign exchange to the country's economy, but also serves as a source of employment for many professionals, technical personnel, skilled and unskilled workers. But then, dearth of basic energy sources like gas and power, greatly affect the productivity and efficiency of the industry.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 27th Apr 2017

Maharashtra govt working on second textiles policy

The textiles department of the government of Maharashtra is working...

Apparel/Garments | On 27th Apr 2017

EC takes action to make garment sector more sustainable

The European Commission (EC) has presented a set of focused actions...

Textiles | On 27th Apr 2017

Seven new organisations join ZDHC Programme

The Zero Discharge of Hazardous Chemicals (ZDHC) Programme from...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

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

Rajiv Sirohi

‘Portugal is taking away a major share of the mill made sector.’

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Silke Brand-Kirsch
Schlegel und Partner

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

Suresh Patel
Sidwin Fabric

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Ritu Kumar
Label Ritu Kumar

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 2017

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


Browse Our Archives


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