A grid failure that lead to a massive countrywide power outage in Pakistan has caused the country's textile sector a whopping financial loss of USD 70 million, ARY News reported on Tuesday.
Lahore [Pakistan], July 7 (ANI): Amid a heavy energy crisis in Pakistan and subsequent suspension of gas supply, 300 textile mills have been closed, said All Pakistan Textile Mills Association (APTMA) Chairman Abdul Rahim Nasir on Wednesday as he urged Shehbaz Sharif-led Pakistani government
Islamabad [Pakistan], July 4 (ANI): Amid the shortage of gas and electricity supply in Pakistan, around 400 textile mills in Punjab province are facing closure and are unable to fulfil their export orders.
Islamabad [Pakistan], July 3 (ANI): Chinese debt-trap diplomacy could eventually exploit the textile industry in Pakistan to reap by proxy the benefit of the European Union's GSP+ which benefits Islamabad from zero duty on several products.
Islamabad [Pakistan], July 1 (ANI): Amid the shortage of gas supply in Pakistan, the textile industry decided to remain closed from July 1 to 8, a local media reported.