Islamabad: All Pakistan Textile Mills Association has warned that thecountry’s textile sector is close to default, so far 7 million peoplehave become unemployed.
According to the details, All Pakistan Textile Mills Association haswritten a letter to Governor State Bank, expressing serious concerns.
Aptma said that the country’s textile sector has come close todefault, the textile industry is currently facing 3 major problems.
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The text of the letter states that the textile sector in the countryis running at less than 50% production capacity, 70 lakh people havebeen unemployed from the textile sector across the country.
