Related Keywords: APTMA, energy crisis, Federal policy 2014-19, Pakistan textile industry, sales tax refunds, stalled liquidity, structural imbalance, textile growth
All Pakistan Textile Mills Association (Aptma) has urged the government to ensure uninterrupted electricity supply to textile industries and speedy processing and liquidation of sales tax refunds.
The textile industry’s sustainability and growth are being damaged due to constriction in energy supply and liquidity crunch, said Yasin Siddik, central chairman of Aptm.
Energy supply constraints have led to forced closures of production capacities to the extent of 40 to 50 percent.
