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Related Keywords: absence of electricity and gas in textile city, attract investors, establish unit, failed to allot single plot to industrialists, generation of jobs died down, Karachi Textile City, prime reason for project failure, project of achieving export target, return acquired land to Port Qasim Authority, shut down, Under developed project

With the close down of the under developed project, Karachi Textile City, the hopes attached with the project of achieving export target of $2 billion and generation of 80,000 jobs has died down, said a senior official in the Ministry of Textile Industry.

Related Keywords: acute energy shortage, APTMA, currently fnancial year, domestic consumer, energy supply, industrial tarifff, no new investment, Pakistan government, Pakistan textile sector, prioritizing, Punjab textile industry, S M Tanveer, shut down, suspension of gas, textile exports loses to $2.2 bn, Textile Industry

The Punjab-based textile industry, which contributes 70% of the total textile sector of Pakistan, fears that if the sector is not given supply of energy, the textile exports loses will go up to $2.2 billion over the rest of current financial year, said Central Chairman SM Tanveer of All Pakistan Textile Mills Association (Aptma).

Overall textile exports of Pakistan in six months between April and September shows that the country has already lost $1.2 billion on the account of acute energy shortage in Punjab, which is an alarming sign.

Related Keywords: deteriorating law & order, Dinesh Tirvedi, Indian jute industry, Indian jute mills association, jute farmer, Lok Sabha member, mill owner, Several mills, shut down, takcle trade union

Lok Sabha members raising the issues regarding the condition of the jute industry along with deteriorating law & order situation in West Bengal has demanded that the government should support the jute farmers and mill owners to prevent large scale unemployment in the state.

TMC came into power on the basis of improving the condition of ailing industries and hence TMC member Dinesh Trivedi has drawn the attention of the House towards the dreadful state of jute mills in the state and said that 10 mills have shut down in West Bengal between 2010-11 and 2012-13.