• Latest

LCCI warns of Textile Sector collapse, urges immediate government intervention

December 8, 2025

Ali Hassam Asghar assumes charge as LCCI president, launches Complaint Cell

October 1, 2026

Asim Ghani Usman elected PSMA chairman unopposed

September 30, 2026

LCWU hosts special session on “Andaz-e-Khudi aur Shehr-e-Lahore” at Iqbal Corner

September 30, 2026

Netanyahu says Flydubai pilot stabbed colleague and apparently tried to crash plane

September 30, 2026

Iran says it receives official US response to latest proposal to end war

September 30, 2026

Three Pakistani sailors killed as pirates fire on Honour 25 crew off Somalia

September 30, 2026

LCCI election post-mortem: How Vision Alliance won and where PPBA fell short

September 30, 2026

Pakistan secures another Asian Games medal as PUBG Mobile team wins bronze

September 29, 2026

Chan urges political parties to unite to strengthen democracy

September 29, 2026

PIBF congratulates victorious candidates of chambers of commerce and industry across country

September 29, 2026

LCWU Degree Show 2026 showcases students’ creative talent

September 29, 2026

Araghchi to meet Qatari mediators in New York over latest US-Iran proposals

September 28, 2026
The Tribune International
Thursday, October 1, 2026
  • Login
No Result
View All Result
  • Home
  • Latest
  • Top News
  • Pakistan
    • Local News
    • Crime
    • Interview
    • Politics
    • Health
  • Business
    • Business
    • FBR & Customs
    • Tech
  • World
    • Iran-US-Israel war
  • Epaper
  • Entertainment
    • History in focus
      • NGOs
      • Weird
      • Word of the day
  • Opinion
    • Letter to Editor
    • News Analysis
  • Sports
    • Cricket
  • Advertise
  • Latest
  • Home
  • Latest
  • Top News
  • Pakistan
    • Local News
    • Crime
    • Interview
    • Politics
    • Health
  • Business
    • Business
    • FBR & Customs
    • Tech
  • World
    • Iran-US-Israel war
  • Epaper
  • Entertainment
    • History in focus
      • NGOs
      • Weird
      • Word of the day
  • Opinion
    • Letter to Editor
    • News Analysis
  • Sports
    • Cricket
  • Advertise
  • Latest
No Result
View All Result
The Tribune International
No Result
View All Result
Home Business

LCCI warns of Textile Sector collapse, urges immediate government intervention

10 months ago
in Business
Reading Time: 2 mins read
A A
0

By Commerce Reporter

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) has expressed serious concern over the worsening crisis in Pakistan’s textile sector, warning that continued policy delays and rising costs could severely damage the country’s exports and employment base.

In a press release issued by the office of the Senior Vice President, LCCI said the textile industry, which forms the backbone of Pakistan’s export earnings and provides livelihoods to millions, is facing widespread mill shutdowns, escalating production costs, and intense pressure on exporters.

Read also: Tanveer Sheikh warns of widening trade deficit as exports drop, urges urgent policy action

“The issues raised by the industry are serious, factual, and demand immediate attention. At a time when global competition is intensifying, Pakistan cannot afford structural hindrances that undermine export growth,” the LCCI Senior Vice President said.

RelatedPosts

PRA, World Bank agree to introduce advanced digital systems to expand Punjab’s tax base and improve revenue collection

3rd Solar Power Conclave and Technology Excellence Awards 2026 held

FIR concerns, PERA issues and export growth dominate Ali Hussam Asghar’s business agenda at Avari Hotel gathering

Solar Power, BESS and policy reforms in focus at 3rd International SolarPower Conclave in Lahore

Mardan Ali Zaidi outlines business-focused agenda for LCCI, calls for stronger representation of traders and industry

Daroghawala industrialists hold power show as PIAF alliance leaders back Rameez Dewan, Shaban Akhtar team

Load More

The chamber highlighted multiple challenges confronting textile exporters, including the imposition of a 2 percent advance tax on exports—double the rate applicable to domestic businesses—terming it an anti-export measure that has eroded competitiveness. LCCI also pointed to soaring electricity tariffs, which have exceeded 12 cents per kilowatt-hour, compared to 5 to 9 cents in competing regional economies.

LCCI further noted that errors in gas-based captive power levies, delays in correcting acknowledged miscalculations, postponement of electricity connections and load enhancements in industrial areas, and retrospective RLNG charges dating back nearly a decade have collectively intensified financial stress on textile units.

Additionally, the chamber criticized excessive compliance requirements, including costly surveillance systems in spinning and dyeing units, stating that such measures increase costs without effectively addressing core issues such as under-invoicing and import dumping.

The Lahore Chamber urged the federal government to form an urgent task force comprising representatives from APTMA, LCCI, and relevant ministries, rationalize energy tariffs in line with regional benchmarks, immediately rectify unjust gas levies, halt retrospective billing, and ensure timely provision of energy connections.

LCCI reiterated its commitment to supporting constructive dialogue between the government and industry, stressing that timely and practical interventions are essential to revive Pakistan’s textile exports and protect hundreds of thousands of jobs linked to the sector.

Previous Post

National Women Journalists Forum and Lahore Press Club hold funfair 

Next Post

Commissioner Lahore assures full support for RUDA’s urban development initiatives

Next Post

Commissioner Lahore assures full support for RUDA’s urban development initiatives

Move to address transporters’ issues through dialogue welcomed

Lahore police honors martyred Constable Mohsin Ali on seventh death anniversary

Confronting terror without favour

0 0 votes
Article Rating
Subscribe
Login
Notify of
guest
guest
0 Comments
Newest
Oldest Most Voted
  • About Us
  • Blog
  • Blog
  • Checkout
  • Contact Us
  • Disclaimer
  • Home
  • My account
  • Privacy Policy
  • Terms and Conditions
  • 📰 Advertise With Us
Reach us: THETRIBUNEINTL@GMAIL.COM Disclaimer: Tribune International is an independent platform, not affiliated with any other organisation.

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Latest
  • Top News
  • Pakistan
    • Local News
    • Crime
    • Interview
    • Politics
    • Health
  • Business
    • Business
    • FBR & Customs
    • Tech
  • World
    • Iran-US-Israel war
  • Epaper
  • Entertainment
    • History in focus
      • NGOs
      • Weird
      • Word of the day
  • Opinion
    • Letter to Editor
    • News Analysis
  • Sports
    • Cricket
  • Advertise
  • Latest

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.

wpDiscuz
0
0
Would love your thoughts, please comment.x
()
x
| Reply