Pakistan textile industry retaliating to get back its position

Related Keywords: clients have turned to Vietnam or Bangladesh, gas cuts, interminable power, long-term power crisis, no power, no wages, Pakistan, producing orders on time, running below full capacity, stopped exporters, textile sector disappeared, the worlds fourth largest cotton producing country, third of production capacity, thousands of factories closed

Faisalabad
Pakistan textile industry retaliating to get back its position
Summary: 
Pakistan, the world’s fourth largest cotton producing country but interminable power and gas cuts have stopped exporters from producing their orders on time. Many have watched helplessly as their clients have instead turned to Vietnam or Bangladesh.

Pakistan, the world’s fourth largest cotton producing country but interminable power and gas cuts have stopped exporters from producing their orders on time. Many have watched helplessly as their clients have instead turned to Vietnam or Bangladesh.

A third of the production capacity of the textile sector has disappeared, thousands of factories have closed, and most of the others are running below full capacity, said Rehan Bharara, a former loom owner who now runs a public infrastructure project for the textile industry.

http://nation.com.pk/business/09-Jan-2017/textile-industry-struggles-to-bounce-back
0
 
Let Us Know Your Need
click here icon
 
Pricewatch Enquiry
Name
Company
Phone
Email
Country
 
Word Verification
 
News & Views
Green packaging important for sustainable future  
  18 Oct , 2019 Read full story  
Singtex launches new sustainable fabrics  
  18 Oct , 2019 Read full story  
Elevenate reaches new heights with Gerber Technology  
  18 Oct , 2019 Read full story  
 
Prices
 
Market Intelligence
  • Polyester Intelligence
    YnFx's Polyester Intelligence Service consolidates all the information at a click. This service provides the following:
    • Daily Price Trends
    • News & Views
    • Weekly Prices on Polyester Chain
    • Price Forecast Covering 3 Regions
    • Spun Yarn Exports from India
    • Polyester Chain - Demand/Supply Statistics
 
Special Reports
 
Country Reports
  •  
    Who have subscribed this report
    Live Chat online
    feedback button