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Growing energy crisis deprives Pakistan textile from grabbing big opportunities

Related Keywords: energy crisis, Paksitan textile industry

Japan has diverted its business to other textile producing countries Vietnam and Cambodia from China due to the political unrest between Beijing and Tokyo due to which Japanese textile imports from China has dropped from 86 percent to 74percent of its total purchases of $40b last year. Pakistan textile exporter from Faisalabad stand a chance as the Japan have shown keen interest on sourcing their imports from them but with the growing energy crisis faced in Pakistan, they are likely to lose this chance and would be in a position to grab big opportunities.

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