Energy shortage hinders Pakistan from achieving textile export goals

According to the report of Pakistan’s “National” on March 6, the APTMA President Gohar Ejaz stated that the energy shortage continues to not only cause thousands of people to lose their jobs, but also seriously affect the realization of the textile industry. Capacity. He estimated that this fiscal year (July 2011 to June 2012) Pakistan textile exports or only 11 billion US dollars, far lower than the original target of 16 billion US dollars in exports. However, he said that if the textile industry receives uninterrupted energy supply in the last few months of the fiscal year, the final export may increase to $13 billion.

According to the report, in the first 7 months of the fiscal year (July 2011 to January 2012), the textile export volume of Pakistan was 6.936 billion U.S. dollars, which was 6.73% lower than the 7.473 billion U.S. dollars in the same period of last fiscal year. Due to the decline in textile exports, the total export of Pakistan's fiscal year may not exceed 24 billion U.S. dollars.

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