AGL 40.03 Increased By ▲ 0.03 (0.08%)
AIRLINK 127.70 Increased By ▲ 0.66 (0.52%)
BOP 6.61 Decreased By ▼ -0.06 (-0.9%)
CNERGY 4.60 Increased By ▲ 0.09 (2%)
DCL 8.79 Increased By ▲ 0.24 (2.81%)
DFML 41.58 Increased By ▲ 0.14 (0.34%)
DGKC 85.79 Decreased By ▼ -1.06 (-1.22%)
FCCL 32.49 Increased By ▲ 0.21 (0.65%)
FFBL 64.03 Decreased By ▼ -0.77 (-1.19%)
FFL 10.55 Increased By ▲ 0.30 (2.93%)
HUBC 110.77 Increased By ▲ 1.20 (1.1%)
HUMNL 15.07 Increased By ▲ 0.39 (2.66%)
KEL 4.88 Decreased By ▼ -0.17 (-3.37%)
KOSM 7.45 Decreased By ▼ -0.01 (-0.13%)
MLCF 40.52 Decreased By ▼ -0.86 (-2.08%)
NBP 61.05 Increased By ▲ 0.64 (1.06%)
OGDC 194.87 Increased By ▲ 4.77 (2.51%)
PAEL 27.51 Decreased By ▼ -0.32 (-1.15%)
PIBTL 7.81 Decreased By ▼ -0.02 (-0.26%)
PPL 152.53 Increased By ▲ 2.47 (1.65%)
PRL 26.58 Decreased By ▼ -0.30 (-1.12%)
PTC 16.26 Increased By ▲ 0.19 (1.18%)
SEARL 84.14 Decreased By ▼ -1.86 (-2.16%)
TELE 7.96 Increased By ▲ 0.25 (3.24%)
TOMCL 36.60 Increased By ▲ 1.19 (3.36%)
TPLP 8.66 Increased By ▲ 0.54 (6.65%)
TREET 17.66 Increased By ▲ 1.25 (7.62%)
TRG 58.62 Increased By ▲ 5.33 (10%)
UNITY 26.86 Increased By ▲ 0.70 (2.68%)
WTL 1.38 Increased By ▲ 0.12 (9.52%)
BR100 10,000 No Change 0 (0%)
BR30 31,002 No Change 0 (0%)
KSE100 94,192 No Change 0 (0%)
KSE30 29,201 No Change 0 (0%)

The gas supply to 450 industrial units including Textile Processing, Printing, Dyeing and others of Faisalabad Region would remain close for next three days (Saturday to Monday). Due to the prolong load shedding, thousands daily wages workers including lady workers are suffering. Most of the workers observed their Eid without salaries.
Talking to newsmen, Mian Ajmal Farooq, Acting Regional Chairman, All Pakistan Textile Processing Mills Association, said that closure of industry in Faisalabad for one day was tantamount to loss of Rs 4 billion, which would now increased to Rs 32 billion till November 22. The government did not honour it promises of one-day closure in a week, and present gas shedding schedule is ruining the textile industry and its affiliated workers. When the industry remained closed since last one week, how it is possible to run all business affairs including export commitments, he added.
Chaudhry Salamat Ali, Chairman, Pakistan Hosiery Manufacturers & Exporters Association (North Zone) demanded of the government to protect the industry to overcome the unemployment, industrial investment and national exports. The Gas shedding should be ended immediately for survival of sinking industrial sector, he called for.

Copyright Business Recorder, 2010

Comments

Comments are closed.