Power crisis: Textile exports to go down by 50% in July

The All Pakistan Textile Mills Association (APTMA) warned that if gas supply was not ensured to the export-oriented industry, the textile sector could expect to witness a staggering loss of $1 billion.

Dr. Gauhar Ejaz informed Prime Minister Shehbaz Sharif via a letter that the country’s textile exports were expected to go down by more than 50% the month of July as the the result of unavailability of gas supply from July 1, 2022, to July 8, 2022.

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Pakistan’s textile industry will operate without proper gas supply or RLNG between July 1 to July 8. The APTMA president stated that employees would be away for Eid holidays from July 9 to July 14,  and a shutdown of 15 days would result in a loss of at least $1 billion, he said.

Gauhar Ejaz claimed that as a result of no gas supply and inoperability, the textile industry would be in a huge danger of losing its customers completely due to order delays.

Therefore, the government might have to request some additional loans for the sustainability of its economy.