Mr. Ahsan Bashir, Chairman of All Pakistan Textile Mills Association (APTMA), said in the first half of the current fiscal year that began on July 1, 2013, the country’s textile and garment exports would have increased by US$ 1 billion had the industry been provided with uninterrupted energy supply.
He added that despite the shortage of power and energy, Pakistan textile industry achieved a growth of 8.55 percent and clicked US$ 500 million in the first half of the current fiscal year.
Talking about the response of the Pakistan Government, he informed that the President has promised an uninterrupted electricity and gas supply for 5-days in a week from next month.
He opined that with continuous supply of power and electricity, the textile industry can reach the target of $ 14-15 billion this year.
According to the chief coordinator of Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA), the country’s apparel industry in Pakistan is facing shortage of raw materials like yarn and fabric due to the shortage in supply of power and electricity.
He said the closure of 40 percent of spinning mills in Pakistan’s Punjab region due to shortage of power and gas supply has resulted in lower production of yarn and dyed fabrics, which forces exporters to delay their shipments.
Fibre2fashion News Desk - India
The budget will give major impetus to textile and apparel consumption
Dow Microbial Control
'Silvadur is most rapidly adopted in areas where hygiene-conscious and...
Technical textiles industry moving back to Europe
Kusumgar Corporates is a leading manufacturer of technical textiles and...
Mumbai-based Corporate Collars provides bespoke tailoring services for...
Established in 2015 by <b>Jash Choraria</b>, Unifynd is a Mumbai-based...
Focusing on bold patterns and colour palettes, Luis Quijano, a student at...
The Indian market has huge potential in technical textiles, and by far,...
InvestKonsult Sweden AB
Investkonsult Sweden AB has been buying and selling second-hand textile...
Rupa Sood and Sharan Apparao
Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...
Label Sneha Arora
Sneha Arora, an alumnus of National Institute of Fashion Technology,...
Tahweave & Garo
Designer Sweta Tantia owns Garo, a couture indutva or ethnicwear brand,...