Global Apparel Market – An Overview | Watch NOW! | Ad
Home / Knowledge / News / Textiles / PYMA demands increased energy supply for textile industry
PYMA demands increased energy supply for textile industry
27
Aug '14
Pakistan Yan Merchants Association (PYMA) has asked the Government of Pakistan to immediately increase the supply of energy for the textile industry. Speaking to reporters, PYMA Chairman Abaidullah Sheikh said he has requested the Government of Pakistan to take immediate steps to make up for the reduced productivity of textiles.

In July 2014, the export of cotton yarn has declined by 35.32 percent, while exports of cotton cloth have reduced by 8.13 percent. Similarly, the exports of art silk came down by 12.64 percent, and exports of made ups reduced by 5.59 percent, and other textile material exports reduced by 14.40 percent. This month witnessed an overall decline of about 2.37 percent of exports. In July 2013, textile exports were worth US$ 1.19 billion, whereas in July 2014 it was valued at $1.16 billion.

Abaidullah said the low supply of electricity and gas to the textile industry has led to a decline in textile exports in July 2014. He demanded that the Government immediately increase the energy supply to the textile industry to enable it to maximize its productivity and earn precious foreign exchange for the country.

Due to the load-shedding problem, the productivity in textile industry has come down by 50 percent. This has resulted in less number of export orders. Also, foreign buyers and investors are now thinking twice about coming to Pakistan, Mr. Abaidullah said.

Fibre2fashion News Desk-India


Must ReadView All

Sri Lanka reduces VAT on imported fabric to 5%

Textiles | On 24th Sep 2018

Sri Lanka reduces VAT on imported fabric to 5%

Considering the requests made by the stakeholders in the fabric...

E-com firms in India to deduct 1% TCS under GST from Oct 1

Apparel/Garments | On 24th Sep 2018

E-com firms in India to deduct 1% TCS under GST from Oct 1

E-commerce companies in India will have to deduct 1 per cent tax...

Courtesy: Andritz

Textiles | On 24th Sep 2018

'Strength of economy, demographics drive nonwovens demand'

The strength of the economy and demographic trends are the main...

Interviews View All

Jurgen Gauger, Spreadshirt

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Evelyne Cholet, UCMTF

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Cyril Pereira, Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Italtex,

Italtex

Italtex is a leading studio publishing fabric trend-books since 1959....

Harsh Shah,

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Sham Shah,

Sham Shah

Shamal and Shamal Pvt Ltd is into manufacturing and sales of textile...

Giulio Cesareo, Directa Plus SpA

Giulio Cesareo
Directa Plus SpA

Established in 2005, Direct Plus SpA, is one of the largest producers and...

Eric Scholler, Groz-Beckert

Eric Scholler
Groz-Beckert

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

Davide Vigano, Sensoria

Davide Vigano
Sensoria

Sensoria is a leading developer of smart garments and IoMe (Internet of...

Tony Ward, Tony Ward

Tony Ward
Tony Ward

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

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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


September 2018

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

news category


Related Categories:

Advanced Search