In a statement, Lahore Chamber said that closure of the mills would not only render a large number of workers jobless but would also deprive the government of much-needed revenue, these units were paying in shape of various taxes.
The LCCI office-bearers said that gas supply to the units had been suspended since December 15, and there was an urgent need for restoration of gas supply. They expressed concern over gas price hike of around 17 percent from January next saying it would cause hardships for export-oriented and value added textile industry particularly small and medium industrial units.
They observed that turning gas, which was an essential indigenous utility, into a most expensive utility would hit hard the exporting industry apart from causing adverse effects on other industries.-PR