Pakistan Textile Exports May Be Hurt by Gas Shortage, Group Says

Pakistan’s textile shipments, which contribute 60 percent to the country’s total export earnings, may miss an industry target by 25 percent because of an energy crisis that has shut factories, a textile group said.

“There will be negative growth,” Shahzad Ali Khan, chairman of the Standing Committee for Energy at the All Pakistan Textile Mills Association, said in a telephone interview. “The gas issue is sinking the industry.”