Faisalabad textile industry closed for two days

Staff Report

FAISALABAD: Due to the weekly gas break, Faisalabad’s textile industry has been closed for two days effective Monday.

Local industrialists have protested many times against this weekly gas load shedding, but the government has rejected it.

From today, the gas supply of Faisalabad’s textile industries will remain halted for two days and all textile mills will remain closed.

Altogether due to two days of the gas break and three days of Eid-ul-Adha holidays, all textile mills will remain closed for five days; more than half a million laborers working on daily wages will be deprived of their wages. Trend Pk

Faisalabad textile industry close for two days’ gas load shedding

Staff Report

FAISALABAD: Due to the weekly gas break the textile industry of Faisalabad has been closed for two days on Monday.

The local industrialists have protested many times against the weekly gas load shedding but the government has rejected it.

From today, the gas supply of Faisalabad’s textile industries will remain halted for two days and all textile mills will remain closed.

Now combinedly, for two days of gas break and three days of Eid-ul-Adha’s holidays, all textile mills will remain closed for continues five days and more than half a million laborers, working on daily wages, will be deprived of their wages. SAMA

Cotton sale reduces by 17pc

Cotton production remained lower due to devastating floods and cotton sale witnessed 17 percent downfall this year. Only 42000 bales have been prepared till now in the ginning factories of the country which are lower than last years by 8.75 lakh bales.
Domestically, the recent floods have damaged around two million bales of cotton, prompting ginning mills to rush for purchase. Total consumption of cotton is around 16 million bales compared with the expected production of 12.6 million bales this season.
According to a report of Pakistan Cotton Ginners Association, textile mills have purchased 32 lakh bales.

Cotton price hike will damage textile sector

KARACHI: The recent increment in cotton prices will severely damage textile sector. Chairman Pakistan Apparel Forum Javed Bilwani said this in Geo News program ‘Aik sa Do’

KARACHI: The recent increment in cotton prices will severely damage textile sector.
Chairman Pakistan Apparel Forum Javed Bilwani said this in Geo News program ‘Aik sa Do’. He said yarn is not available for local power looms due to cotton exports and if the situation continues, textile mills will closed within two to three months.
Chairman [...]