The all-Pakistan Textile Mills Association (APTMA) has decided to shut down textile mills across the country.
The main reason behind the closure of Mills is that the government of Pakistan has decided to reverse the power rates of Industries so, as a Protest, they decided to shut down All Textile mills in Pakistan.
“The textile mills of the country will also be shut down from Saturday. 1,600 textile mills have already been closed down,” the APTMA said.
“Five million employees will lose their jobs and 30 million people will be affected due to the closure of textile industries,” it added.
“Increasing exports is very important and the only way out for the economy of the country. The government must provide electricity and gas at competitive rates to the textile industry. It should also ensure continuous power and gas supply to the textile industry,” it demanded.
