Textile industry: Load-shedding a major concern for industrialists

Meeting in Faisalabad results in planning of protests.


Imran Rana August 06, 2014

FAISALABAD:


Representatives of various industrial organisations of Faisalabad held a meeting against the 16 hours- a-day electricity load-shedding. They have decided to close their mills from August 8 and hold protests in the city.


Pakistan Hosiery Manufacturing Association Chairman Khuwaja Amjad said prolonged load-shedding will idle production capacity and the textile industry will have no option but to hold roadside protests

“The sector provides employment to millions of workers in Pakistan,” said Amjad. “If these workers come out on the roads it will definitely worsen the law and order situation of the country. The government have to shoulder this responsibility.”

He added that the preservation of the textile city of the country is also important and the government should give it a fair bit of thought instead of being wholly occupied by the plague of political instability.

Arzoo Textile Mills Chief Executive Officer (CEO) Sheikh Azhar Majeed said that the Faisalabad Electricity Supply Company’s billing recovery is 100%, so there is no legitimate reason to face 16 hours of load-shedding.

He added that due to the energy crisis, many orders have moved to Sindh and the industrialists of Punjab are facing a financial crunch. There is no gas load-shedding in Sindh, while Punjab is facing this problem.

Published in The Express Tribune, August 7th, 2014.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.

COMMENTS

Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ