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Sunday, December 22, 2024

Home Business APTMA for restoring gas supply to textile industry

APTMA for restoring gas supply to textile industry

by News desk
July 7, 2022
in Business

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All Pakistan Textile Mills Association (APTMA) Chairman Abdul Rahim Nasir on Wednesday urged the federal government to restore gas supply to textile industry on an urgent basis.

Addressing a press conference her at APTMA House, he claimed that a loss of almost US $ one billion in exports has already taken place due to non-availability of gas and closure of more than 300 textile mills. APTMA North Chairman Hamid Zaman, Senior Vice Chairman Kamran Arshad and Secretary General Raza Baqir also accompanied him. Rahim Nasir said that 26 percent upsurge in export of textiles during fiscal year 2021-22 was made possible only due to supply of energy at regionally competitive tariff.—APP