Press Release PTC (MoU)
Press ReleaseIn wake of declining cotton production in Pakistan – Pakistan Textile Council (PTC) and Better Cotton Initiative (BCI) Sign an MoU to Promote Sustainable Cotton Production in PakistanIslamabad, January 15, 2025 – Cotton production in Pakistan has been on a constant decline for last many years now. According to the Pakistan Cotton Ginners Association […]
Press Release PTC
Press ReleasePakistan Textile Council Expresses Grave Concern over the news that Government is considering Gas Price Hike for Captive Power Plants Islamabad, January 2, 2025 – The Pakistan Textile Council (PTC), under the leadership of Chairman Mr. Fawad Anwar, has issued a pressing appeal to the government to reconsider the anticipated increase in gas prices […]
PTC chief warns of looming economic challenges
PTC chief warns of looming economic challenges admin January 1, 2025 News Article Link: The News KARACHI: Chairperson of the Pakistan Textile Council (PTC) Fawad Anwar has expressed grave concerns over the country’s economic performance in the first quarter of FY2024-25. According to official data, the country posted a modest growth rate of 0.92 per […]
Press Release Pakistan Textile Council
Press ReleasePakistan Textile CouncilDate: December 31, 2024 Chairman PTC Expresses Concern Over Economic Growth and Industrial Contraction Islamabad: Chairman of the Pakistan Textile Council (PTC), Mr. Fawad Anwar, has voiced serious concerns regarding Pakistan’s economic performance in the first quarter of FY 2024-25. According to official data, the country recorded a meager growth rate of […]
Oh, Textiles! What business you are in?
Oh, Textiles! What business you are in? admin December 18, 2024 News Article Link: Business Recorder “A slow sort of country!” said the Queen. “Now, here, you see, it takes all the running you can do, to keep in the same place. If you want to get somewhere else, you must run at least twice […]
PTC Chairman, Fawad Anwar, warns of serious economic disruption if gas cuts to CPPs implemented.
Gas cuts to CPPs will be disastrous admin November 8, 2024 News Article Link: Tribune KARACHI: Large and medium-sized industrialists have urgently called on the government to reconsider a recent decision to suspend gas supply to captive power plants (CPPs). They warn that this move could shut down over 1,300 factories, displace over three million […]
Halt to gas supply may prove catastrophic
Halt to gas supply may prove catastrophic admin November 6, 2024 News Article Link: Tribune Textile council urges govt to reconsider captive power plant strategy KARACHI: Pakistan Textile Council has urged the government to look into its captive power policy in more detail as the planned discontinuation of gas (indigenous and liquefied natural gas – […]
The Tallest Nail
The Tallest Nail admin October 30, 2024 Sustainability Initiatives Article Link: Business Recorder Sheikh Muhammad Iqbal To a hammer everything is a nail and IPPs are the tallest nails. Decades ago, when this scribe was a student of Botany, at the Government College, his ecology professor had noted “they imposed an engineering solution onto a […]
Soorty receives SBTi validation, commits to net zero by 2050
Soorty receives SBTi validation, commits to net zero by 2050 admin August 26, 2024 Sustainability Initiatives Responsible denim manufacturer, Soorty Enterprises claims to be the first organisation in Pakistan seeking to hit net-zero greenhouse gas emissions by 2050 with the Science-Based Targets initiative (SBTi) validating its near-term reduction targets. Soorty Enterprises (Soorty) has shared its […]
Interview with Shahzad Saleem, Chairman Nishat Chunian Group
Interview with Shahzad Saleem, Chairman Nishat Chunian Group admin July 30, 2024 News Article Link of Brecorder.com Businesses can never flourish under current restrictive measures Shahzad Saleem founded Nishat Chunian Limited (NCL) in 1990 after graduating from the Lahore University of Management Sciences (LUMS). From a single spinning unit, NCL is now amongst the top […]