70,000 power-looms to close down in Faisalabad

Power-loom factory owners of Faisalabad announced closure of 70,000 power-looms in three major industrial sectors.

FAISALABAD: After violence by impersonators that joined the Faisalabad protests and attacked factories, power-loom factory owners of the city on Thursday announced closure of 70,000 power-looms in three major industrial sectors.

The decision to stop business in three major industrial areas, Sadhar Jhang Road, Faizabad and Ghulam Muhammadabad was taken by the Council of Loom Owners Faisalabad.

Chairman of the association, Waheed Ramay said evil elements are setting factories on fire and attacking industrialists under disguise of protesters.

Ramay said in these circumstances, investors are feeling insecure and they are not ready to run their units.

Seventy thousand power-looms have stopped operations while meetings are being conducted for a complete strike if city administration of Faisalabad fails to protect the industrial units and their owners.

On the other side, labourers have refused to end their protest and have vowed to continue demonstrations till their wages are increased.

Chairman Labour Qaumi Movement Mian Abdul Qayyum said formal notifications for security have been issued by the government but Faisalabad administration failed to implement these orders.