Home / Knowledge / News / Textiles / Pakistan textile sector loses $1bn export orders
Pakistan textile sector loses $1bn export orders
25
Jan '13
Pakistan textile sector has lost around US$ 1billion worth of export orders during the last few months due to the shortage in supply of power and energy to the textile industries in Pakistan’s Punjab region.

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


Interviews View All

Top executives, Textile industry

Top executives
Textile industry

The budget will give major impetus to textile and apparel consumption

Karel Williams, Dow Microbial Control

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Top executives, Textile industry

Top executives
Textile industry

Technical textiles industry moving back to Europe

Nitesh Mittal,

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Harssh Chheda,

Harssh Chheda

Mumbai-based Corporate Collars provides bespoke tailoring services for...

Jash Choraria,

Jash Choraria

Established in 2015 by <b>Jash Choraria</b>, Unifynd is a Mumbai-based...

Luis Quijano, Liberty University

Luis Quijano
Liberty University

Focusing on bold patterns and colour palettes, Luis Quijano, a student at...

Eric Scholler, Groz-Beckert

Eric Scholler
Groz-Beckert

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

Johan Berlin, InvestKonsult Sweden AB

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Sneha Arora, Label Sneha Arora

Sneha Arora
Label Sneha Arora

Sneha Arora, an alumnus of National Institute of Fashion Technology,...

Sweta Tantia, Tahweave & Garo

Sweta Tantia
Tahweave & Garo

Designer Sweta Tantia owns Garo, a couture indutva or ethnicwear brand,...

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


October 2019

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

news category


Related Categories:

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search