Due to the flight of dollar and the increase in interest rates, the already existing crisis in the Faisalabad textile sector has become more serious, the industrial organizations have decided to take a protest action.
The Faisalabad textile sector has expressed the fear of complete closure of factories and factories, terming the unrestrained value of the dollar and the increase in interest rates as very worrying for the industry.
Exporters say that the ongoing downsizing in the textile sector may accelerate in the troubled situation.
Faisalabad textile sector appeals to the government to take emergency measures to save this industry.