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APTMA urge government to consider textile package for better growth

YarnsandFibers News Bureau 2016-11-30 11:00:00 – Karachi

The All Pakistan Textile Mills Association (APTMA) has announced a weekly sit-in on every Tuesday outside the APTMA Punjab office from December 6, until the industry demands for the textile package are not considered by the government. As the textile package which help bring the industry out of crisis and also to solve the issue of disparity of gas and electricity prices between Punjab and other provinces.

The APTMA leads said that the disparity in gas prices has destroyed the entire textile industry in Punjab. It is difficult for them to run the industry in these circumstances. More than 100 mills have been closed in Punjab till date. Jobs of more than 15 million workers are linked with the textile industry. The government has done nothing to solve the problems of the industry in the last 14 months.

In Punjab the price of one unit of electricity is Rs 11 including a surcharge of Rs 3.60 paisa. However, the SNGPL is providing LNG to industry at the price of Rs 930 per MMBTU and the price of electricity in other provinces is Rs 7 per unit while they are getting gas at the price of Rs 400 per MMBTU.

The APTMA leadership demanded supply of electricity at Rs 7 per unit to the APTMA Punjab member mills and to bring gas price at par with other provinces and issue new RLNG connections to the textile industry to avert a crisis in future.

Chairman APTMA Punjab Syed Ali Ahsan said that more than 70-member mills have already been closed down due to the high cost of doing business.

Chairman APTMA Amir Fayyaz, Chairman APTMA Punjab Syed Ali Ahsan and group leader APTMA Gohar Ejaz while addressing the protesters outside the APTMA House said that the Indian textile products have destroyed the local industry and the government has done nothing in this direction.

As Pakistan’s textile exports have declined by $1.8 billion during the last three years. The government has been urged to immediately impose a ban on trade from India.

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