‘Textile industry is facing tough competition in international market’

N H Zuberi

KARACHI: Pakistan textile industry is facing tough competition in international market owing high production cost on the other hand the industrialists have started looking towards India and Bangladesh for imports.

Former Senior Vice President of Karachi Chamber of Commerce and Industry (KCCI) and prominent textile manufacturers and exports, Mohammad Hanif Lakhani said the industrialists facing enormous difficulties in operating textile units on full swing due to frequent increase in utility charges and gas and also water shortage.

He claimed majority of industrial units operating on 50 to 60 percent of their installed capacity in site industrial area and decline of production have serious impact on market share in international market, export are registering decline, he added.

He said that industrialists feel that country is going to become import based country and there is no need to industries.

He said that the problem of industrialists is increasing with the passes of each day and no body bother about it.

Lakhani said that site industrial area is one of the biggest industrial estate of the country comprises of large number of export oriented industries facing serious issue of gas shortage and low pressure, water shortage and power problems, beside roads in a very bad shape.