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 Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Textiles | On 27th Jun 2017

AEPC & NSDL to help exporters with GST compliances

Apparel Export Promotion Council (AEPC) and National Securities...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Wendell Rodricks
Wendell Rodricks

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

Madhu Jain
Madhu Jain

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

Tony Ward
Tony Ward

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

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:
July 2017

July 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