Industry Uproar Over Gas Price Hike; Warn of Closures and Job Losses

Industrial bodies strongly oppose the government's decision to increase gas tariffs, warning it could lead to factory closures, job losses, and a halt in exports.

Textile industry says production is financially unfeasible at the new rates and Pakistan is losing export market share to regional competitors with cheaper energy.

Industrialists say running factories is no longer profitable due to constantly increasing utility costs under the caretaker government.

Korangi & SITE associations demand an immediate rollback of gas price hikes to Rs1,800 per mmBtu to ensure industrial sector's survival.

Industry appeals to government to provide affordable energy alternatives and align prices with regional benchmarks for Pakistani products to remain globally competitive.