Pakistan Textile Processing Plant Will Be Closed Indefinitely.
All Pakistan textile processing Association (APTPMA) announced on Monday that all processing plants will be closed indefinitely because the federal government rejected their request. At the emergency meeting of SITE office, the APTPMA members reviewed the whole situation. After detailed discussion, the textile processing plant was decided not to resume operation because customers disagreed with the new rate.
During the meeting, members were informed that the federal government negotiated with the textile processing plant on Monday, which lasted four hours, but the government refused to accept the requirements of the industry. In this case, when the customer is not placing an order and the industry is facing losses, the textile processing factories across the country will continue to close.
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