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pakistan-textile-industry

The Destructive Impact of the Export Facilitation Scheme on Pakistan’s Textile Industry

KARACHI, December 09 2024: In recent years, Pakistan’s textile industry has faced significant challenges, with the Export Facilitation Scheme (EFS) emerging as a major contributor to its downfall. The All Pakistan Textile Mills Association (APTMA) has highlighted the detrimental effects of this scheme on local spinning mills, which are now facing massive closures and mounting…

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9 cents/kWh power tariff

Implementation of 9 cents/kWh power tariffs for industrial consumers

Islamabad, January 22, 2024: Further to the government and SIFC’s announcement to remove the cross subsidy from power tariffs for industrial consumers, thereby bringing them down to 9 cents/kWh, at par with regional competitors, the All Pakistan Textile Mills Association is making an appeal for the urgent implementation of this measure. This is an essential…

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