Home / Knowledge / News / Textiles / Pak textile units to get uninterrupted gas supply
Pak textile units to get uninterrupted gas supply
26
Dec '15
Pakistan's Finance Minister Ishaq Dar has issued directives for immediate restoration of gas supply to textile units and ordered officials concerned to ensure gas supply to the units during the winter season for optimum production, Pakistani newspapers have reported.

At s a review meeting on supply of gas to textile export units, Dar said that the smooth provision of gas would help the textile exporters keep their production units fully functional during the remaining months of winter.

He said textile exports were a major source of foreign exchange earnings for the country and the government would facilitate the industry in every possible manner.

The meeting was attended by the representatives of textile industry, senior officials of the Ministry of Finance, Ministry of Petroleum and Natural Resources and Sui Northern Gas Pipelines Limited (SNGPL).

“This is a positive decision of the government to provide gas supply to the textile units in winter season, as this would save the jobs of thousands of workers,” said an official of the All Pakistan Textile Mills Association (APTMA). “We hope that government would also resolve other issues faced by the textile sector including tax refunds and higher power tariff, which are hurdle in increasing the exports.”

More than 400 of spinning, weaving and processing were being supplied gas just for four hours a day in November, which had been halted completely in December. The APTMA had protested over the government's decision to suspend gas supply to textile units, pointing out that textile exports would further decline due to closure of gas.

Pakistan's textile exports have been declining over the last few months due to the internal as well external factors. The latest data of Pakistan Bureau of Statistics showed that Pakistan's textile exports went down by 14.6 per cent to $961 million in November 2015 from $1.13 billion of the same month last year. The country's textile exports stood at $5.2 billion during first five months (July-November) of the ongoing fiscal year as against $5.7 billion of the same period of last year, showing a decline of 8.4 per cent. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: Pyrates Smart Fabrics

Textiles | On 16th Jul 2018

Spain's Pyrates Smart Fabrics targets Asia, S America

Spain-based Pyrates Smart Fabrics, whose major markets are northern...

Bangladesh to modernise 3 jute factories to boost sector

Textiles | On 16th Jul 2018

Bangladesh to modernise 3 jute factories to boost sector

The executive committee of Bangladesh’s National Economic Council...

Courtesy: Asda

Apparel/Garments | On 16th Jul 2018

J Sainsbury agrees to £3.5 bn financing for Asda merger

J Sainsbury plc has agreed for a financing package of £3.5 billion in ...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Manuele Baggini

Comec Italia Srl is a world leader in the production of printing machines. ...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Tony Ward
Tony Ward

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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


July 2018

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

news category


Related Categories:

Advanced Search