• AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees
Sunday, May 31, 2026
  • Login
No Result
View All Result
Economy.pk
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
No Result
View All Result
Economy.pk
No Result
View All Result

400 textile mills in Punjab face closure for 4th straight day

by Web Desk
July 4, 2022
in Business, Economy, Finance
0
400 textile mills in Punjab face closure for 4th straight day
712
SHARES
4.3k
VIEWS
Share on FacebookX

As many as 400 textile mills in Punjab province are facing closure over a lack of gas and electricity supply, making it difficult for them to fulfil their export orders, ARY NEWS reported.

The power and gas outage which has resulted in the closure of the textile mills has further led to the termination of thousands of daily-wage employees.

“It is not possible for us to run textile mills on pricey diesel and if the closure continues, the textile exports will witness a $1 billion decline,” the All Pakistan Textile Mills Association (APTMA) said.

The Association of Pakistan Textile Manufacturers (APTMA) has raised concerns to Prime Minister Shehbaz Sharif over the decline in textile exports due to recent gas and power outages. APTMA Patron-in-chief Gohar Aijaz has demanded that the prime minister take notice of the situation and immediately restore gas and power supplies to the affected industries.

According to a previous report, the prolonged suspension of gas supply will force the textile industry to shut down from July 1 to 8. The majority of textile mills in Pakistan are located in the Punjab province, which will be the most affected by the gas outage.

According to sources, the Sui Northern Gas Pipelines Limited (SNGPL) has informed textile mills that it will be suspending gas supplies from captive power plants. It is understood that this decision has been made in order to ensure uninterrupted supplies to the power and fertilizer sectors.

Tags: latestpower and gas outagePunjab provincetextile mills
Web Desk

Web Desk

Related Posts

Pakistan, China agree to strengthen deep-rooted multifaceted ties

Pakistan, China agree to strengthen deep-rooted multifaceted ties

by Web Desk
May 26, 2026
0

Pakistan and China have reaffirmed their commitment to strengthening bilateral ties, strategic cooperation, and political mutual trust during Prime Minister...

IT exports expected to reach $4bn during current fiscal year, PM told

IT exports expected to reach $4bn during current fiscal year, PM told

by Web Desk
May 11, 2026
0

Prime Minister Shehbaz Sharif was informed on Monday that Pakistan’s IT exports are projected to reach between $4.5 billion and...

IMF approves $1.32b financing for Pakistan

IMF approves $1.32b financing for Pakistan

by Web Desk
May 9, 2026
0

The Executive Board of International Monetary Fund has approved one point three-two billion dollars financing for Pakistan under its Extended...

Pakistan speeds up taxation proposals ahead of key IMF budget talks

Pakistan speeds up taxation proposals ahead of key IMF budget talks

by Suneela Zulfiqar
May 6, 2026
0

With talks expected to begin with the International Monetary Fund (IMF) on May 12, 2026, to finalise the overall framework...

SBP says uncertainty may hurt financial stability prospects

Middle East conflict: SBP says uncertainty may hurt financial stability prospects

by Suneela Zulfiqar
May 6, 2026
0

The State Bank of Pakistan (SBP) has warned that ongoing uncertainty due to the Middle East conflict could create downside...

AI startup Cursor with Pakistani co-founder set for $60bn deal with SpaceX

AI startup Cursor with Pakistani co-founder set for $60bn deal with SpaceX

by Web Desk
April 24, 2026
0

SAN FRANCISCO: Cursor, an AI code-generation startup co-founded by Pakistani-born entrepreneur Sualeh Asif, has entered into a landmark $60 billion...

Next Post
Shaheen Shah Afridi becomes honorary police officer

Shaheen Shah Afridi becomes honorary police officer

Ads

  • AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees

© 2026 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates

© 2026 All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.