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

Over two dozen textile mills closed, leaving thousands workers jobless: Aptma

byMatiur Rehman
29/11/2015
in Business, Trade Associations
Share on FacebookShare on Twitter

LAHORE: The delay in announcement of relief package for the textile industry by the government is increasing unemployment in Punjab.

All Pakistan Textile Mills Association (Aptma) Punjab Chairman Aamir Fayyaz said this in a statement. He said more than two dozen mills have been totally closed down in the province while a large number of mills have reduced their operations to one or two shifts, which has left thousands of textile workers jobless.

You might also like

Weekly inflation rises 0.15pc, annual rate reaches 9.11pc

15/08/2026

SECP establishes Shariah-Compliant Brokerage Segment, approves 33 Islamic Windows

13/08/2026

He said the exports data of last four months was showing a significant decline in textile exports but the government was delaying the announcement of textile package since August.

Fayyaz lamented that the month of November is near to an end but there is no clue of any textile package by the government. “The textile workers are losing their jobs one after another and the government is yet considering the textile package,” he argued.

He said the textile industry is considered to be the growth engine and employment generator in the region but the government in Pakistan is showing a cold shoulder to the textile industry, which is quite confusing.

He said the government was not announcing a long term policy for revival of textile industry relative to India, Bangladesh and China where extensive support is being provided to the textile industry for mass job creation. He said the textile exports have declined in terms of quantity and value, which is leading to job losses of textile workers.

Textile industry of Punjab, which is about 70% of total textiles of Pakistan, is facing serious viability issues due to unprecedented energy cuts whereas industries in other provinces are being provided gas supply on continuous basis throughout the year.

Related Stories

Weekly inflation rises 0.15pc, annual rate reaches 9.11pc

byCT Report
15/08/2026

ISLAMABAD: Pakistan’s weekly inflation increased by 0.15%, pushing the annual inflation rate to 9.11%, according to the latest report released...

SECP establishes Shariah-Compliant Brokerage Segment, approves 33 Islamic Windows

byCT Report
13/08/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in a major breakthrough, has succeeded in establishing a dedicated Shariah-compliant...

TPL Life expands Mobilink Bank partnership to offer Shariah-compliant insurance plans

byCT Report
12/08/2026

KARACHI: TPL Life Insurance Limited has expanded its strategic partnership with Mobilink Microfinance Bank Limited (Mobilink Bank) to introduce unit-linked...

Neelum-Jhelum project unlikely to generate electricity before 2028

byCT Report
11/08/2026

ISLAMABAD: The Neelum-Jhelum Hydropower Project is unlikely to resume electricity generation before 2028, with repair work on the 979-megawatt facility...

Next Post

Climate change disasters caused $1.5 trillion economic damage worldwide

  • 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.