The Energy Crisis Left A Mess For Pakistan'S Textile Industry.
Spinning from Pakistan to cloth used to be a way of wealth in the country, but the energy crisis and soaring inflation are stifling the textile industry.
Sometimes, a power cut for more than 12 hours a day will force Pakistan to fly to Africa.
textile mill
The owners turned off the lights and sold the textile machinery as a waste product, causing tens of thousands of workers to lose their jobs.
Pakistan is the fourth largest textile producing country in the world, and the textile industry accounts for 60% of the total export revenue so far.
But the lack of electricity is putting greater pressure on Pakistan's fragmented and debt ridden textile economy.
Malik Amanullah Mani, 31, once had a family textile factory. He once belonged to the rich small crowd. They often patronized private clubs and ate in five star hotels. Malik Amaru La Mani,
However, since the resumption of the electoral rules in Pakistan, the economic crisis has worsened in the past three years, resulting in the lack of power investment and the rampant theft of power grids, resulting in a daily blackout and a sharp rise in the cost of electricity.
Inflation has a serious impact on yarn prices, and mani has no choice but to sell his home loom.
In addition, the dealer's warehouse is full.
Crushing machinery
And the workers are there.
Weaving factory
Waiting, before power recovery, everywhere is dark.
The leader of the industry said the shortage of electricity and gas has forced hundreds of factories to close and more factories will be closed.
There are about 2000 factories in Punjab province. About 800 of them are closed now, and more factories may be closed.
About 500 thousand workers in this province are out of work, and only about 100 thousand workers in the area are unemployed because of factory closures.
In June, the total electricity gap in China was 7739 MW, and the natural gas supply gap in the textile industry was about 400 million cubic feet per day.
There are daily protests and inaction of violence in cities and towns throughout the country of Pakistan, which sometimes lead to violent clashes between them and riot police.
- Related reading
- Accounting teller | 加强中小企业财务预算管理的对策
- Personnel and labour | How To Effectively Retain Core Staff
- Boss work together | How To Deal With Difficult Colleagues And Superiors
- effective communication | Ten Taboos That Must Be Paid Attention To In Communication
- Subordinates | 职场该如何与同事相处
- Rules and regulations | How To Formulate The Articles Of Association Of A Partnership
- asset management | Analysis Of The Present Situation And Causes Of Financial Budget Management In Small And Medium Sized Enterprises
- Marketing manual | Understand The Situation Of Suppliers' Capital Turnover.
- Management treasure | How To Be An Outdoor Shop Guide?
- Industry standard | Regulating Cocoon Price To Achieve Win-Win Situation For Agricultural Enterprises
- Looking For Costume Prototype Of Costume Beauty Stars
- The 2 Edition Of Textile City
- PWC Predicts: &Nbsp; China'S Capital Market Will Raise 400 Billion Yuan This Year.
- High Level Intensive Research On China'S Economy &Nbsp; Policy Fine-Tuning In The Second Half Of The Year Will Become Clearer.
- The European Commission Has Adopted A Framework To Improve The Efficiency Of Financial Assistance To Third Countries.
- 浙江长兴轻纺城[坯布]行情参考
- 盛泽市场棉纱化纤纱价格参考表
- Zhuji Datang Light Textile Market Spandex Covered Yarn Market
- H&M Lost Three Consecutive Quarters Of &Nbsp; Accused Of Over Expansion.
- Fan Kai Cheng Launched CCTV Advertising &Nbsp, Or Indicates That Its Listing Is Near.