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Closure of textile mills annoys governor

Related Keywords: Pakistan Hosiery Manufacturers and Exporters Association, Pakistan textile exporters association, Power Loom Owners Association and Pakistan Sweater Exporters Association, Textile mills

Aptma Chairman Aamir Fayyaz made a detailed presentation on the existing state of affairs in the Punjab-based textile industry. He said the regional competitors were competing Pakistan ahead due to the timely interventions by their governments. The presentation also highlighted a huge difference in cost of production in Pakistan compared to the regional countries. He said the government should immediately address the energy cost issues by ensuring uniformity in prices, i.e., electricity at Rs7 per kWh and LNG at Rs600 per MMBTU.

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