Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

100 textile millers announce to close unites

byCT Report
15/12/2015
in Business, Trade Associations
Share on FacebookShare on Twitter

LAHORE: The All Pakistan Textile Mills Association (Aptma) has revealed that as many as hundred mills have announced to close their units if the federal government fails to address commercial non-viability and complete gas suspension.

Aptma Punjab Chairman Aamir Fayyaz, addressing a press conference after holding a general body meeting of the association, said that the association will call a conference of stakeholders of the entire textile chain, including value-added sector, this month to evolve a joint protest strategy.

You might also like

Arif Habib-led consortium moves to acquire remaining 25pc stake in PIA

04/05/2026

Pakistan’s inflation hits two-year high at 10.9pc in April

02/05/2026

He said that about 70 textile mills have already closed down in Punjab due to commercial non-viability and complete gas suspension by the Sui Northern Gas Pipelines Limited (SNGPL), while another 100 are ready to close businesses.

The Aptma leader dispelled the impression created by Finance Minister Ishaq Dar that the textile industry’s demands had been met by the government, saying what the government had offered fulfilled the demands having least financial impact.

Aptma group leader Gohar Ejaz told media it was ironical that the government had yet to appoint a textiles minister as the industry had run from pillar to post for redressal of its grievances.

Related Stories

Arif Habib-led consortium moves to acquire remaining 25pc stake in PIA

byCT Report
04/05/2026

KARACHI: The consortium led by Arif Habib Corporation Limited has notified the Privatization Commission of its intent to acquire the...

Pakistan’s inflation hits two-year high at 10.9pc in April

byCT Report
02/05/2026

ISLAMABAD: Pakistan’s inflation surged to a near two-year high of 10.9% in April, driven by rising fuel prices, global supply...

CCP approves PIA acquisition by Arif Habib-led consortium

byCT Report
30/04/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of Pakistan International Airlines Corporation Limited (PIA) by...

PSO profit surges past Rs38bn in first nine months

byCT Report
29/04/2026

ISLAMABAD: Pakistan State Oil (PSO) has reported profit exceeding Rs38 billion during the first nine months of the current financial...

Next Post

South Korea's coal imports rise 3.1% YOY

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.