“50,000 power looms shut in two years”; 200,000 jobs lost; sector said to make 91% of grey cloth
An interview with an office-bearer of the All Pakistan Cotton Power Looms Association reported ~50,000 closures of power looms in the last two years in Faisalabad alone, with 200,000+ jobs lost. The story underscored the sector’s role in producing ~91% of Pakistan’s grey cloth, warning of a looming collapse without immediate policy correction.
The figure reflects attrition across micro- and small-unit owners who are most exposed to shocks in power prices and working capital. It implies downstream stress for processors and exporters reliant on domestic greige fabric.