Home / Knowledge / News / Textiles / Pakistan textile industry slams Govt. over cut in gas supply
Pakistan textile industry slams Govt. over cut in gas supply
28
Nov '15
Pakistani textile exporters have criticised a huge cut in gas supply quota for textile industries, describing it as an “attempt to shatter the whole industrial chain”, the country's newspapers have reported.

They were of the view that apart from the industry's discomfort, the government will ultimately lose on many counts.

The government should ensure at least 25 per cent gas supply to textile exporters in winter under the quota regime and take serious cognisance of the matter in order to support the industry, the Pakistan Textile Exporters Association (PTEA) said in a statement.

PTEA Chairman Asghar Ali condemned the reduction of gas supply to textile industry to 17 per cent and termed the move as unilateral.

Rejecting the argument of gas managers that the supply is squeezed in winters, he stressed that weather has not yet touched the critical point.

“Gas supply to the textile sector has never dropped beyond 20 per cent in the past; the current reduction will drastically curtail goods' manufacturing, making it impossible for the exporters to meet commitments,” said Ali.

The PTEA termed energy shortage as the prime cause of economic instability and decline in industrial growth as sizeable textile capacity had been severely impaired and textile exports, both in quantity and value terms had declined across the value chain.

“It is very unfortunate that energy shortfall has totally been shifted to the industry,” they said. “Government, on the one hand, is contemplating to increase targets for industrial growth and, on the other hand, its unjustified decisions are posing severe threats for achieving the said targets.”

With a share of $6 billion from a total of $13.9 billion worth of textile exports, Punjab is a major stakeholder, PTEA Vice Chairman Arif Mahmood Qureshi said. He pointed out that here has been a decline of 11.38 per cent in exports in October this year compared to the same month of previous fiscal year.

The PTEA called upon the government to take serious cognizance of the matter and to take progressive steps to stabilise the industry. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Apparel/Garments | On 25th Sep 2017

Vietnam textile sector to gain if EU FTA gets ratified

Experts feel the Vietnam-European Union (EU) free trade agreement...

Apparel/Garments | On 25th Sep 2017

AAFA urges US govt to plug lacunae in military procurement

The American Apparel & Footwear Association (AAFA), an alliance of...

Apparel/Garments | On 25th Sep 2017

Amazon trying to enter Turkish home textile product market

Amazon has noticed Turkey’s potential in e-commerce and is discussing ...

Interviews View All

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Dinaz Madhukar
DLF Emporio and DLF Promenade

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

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Marcel Alberts
Eurofibers

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

Marten Alkhagen
Swerea IVF AB

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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

September 2017

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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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