According to a spokesman for the All Pakistan Textile Mills Association (APTMA), the industry is demanding uninterrupted supply of gas for five days a week against current supply for four days. He said the shortage of gas had reduced production of textile industry by 43 per cent, hampering its potential to produce surplus products for export. He said the textile industry was all set to achieve $14 billion worth of exports this year and had the potential to reach $20 billion next year provided issues pertaining to energy security were timely addressed by the government. He said the textile industry was ready to invest $1 billion per annum to produce further exportable surplus.
Published in The Express Tribune, June 15th, 2011.
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ