PESHAWAR: Khyber Pakhtunkhwa Textile Mills Association (KPTMA) has announced to observe strike on Dec 4 against the surge in gas price.Following a meeting here on Thursday, KPTMA chairman Mohammad Kamran Shah announced the strike for Dec 4.

During the meeting, KPTMA members expressed serious concern about the drastic escalation in gas rates, stating that it was making industrial operations financially unviable. They said that the difficulty in sustaining businesses under such high costs was compelling them to consider shutting down their operations.

The KPTMA members highlighted that industries in KP had since long been facing various challenges, including significantly higher transportation costs due to their distance between the seaports and primary markets for sourcing raw materials. The shortage of skilled labour within KP had compelled industries to source technical expertise from other regions, incurring substantial additional expenses, they said.

The escalated cost of production had severely hampered their competitiveness, both in local and global markets, the KPTMA members said. This concerning situation coupled with inflated production costs had the potential to escalate consumer prices for essential commodities, imposing an undue burden on the general public.

Published in Dawn, December 1st, 2023

Opinion

Editorial

Maintaining balance
16 Feb, 2025

Maintaining balance

THERE are good reasons to be wary. With a new US administration under Donald Trump consolidating its grip on that...
Welcome return
16 Feb, 2025

Welcome return

IT is almost here; the moment Pakistan has long been waiting for — the first International Cricket Council...
Childhood trauma
16 Feb, 2025

Childhood trauma

BEING a child in this society should not be so hard. But recurrent reports of child abuse — from burying girl...
The Peca problem
Updated 15 Feb, 2025

The Peca problem

The fight for fundamental freedoms is not the media’s alone, but one that concerns every citizen.
Miners in danger
15 Feb, 2025

Miners in danger

YESTERDAY’S devastating terrorist attack in Harnai, which killed at least 11 coal miners and injured seven others,...
Solar panels scam
15 Feb, 2025

Solar panels scam

THE scam involving over-invoicing to the tune of more than Rs69bn in the import of solar panels raises many ...