Thousands lose jobs as Faisalabad’s power looms in ‘dire straits’

It is not an inaccurate characterisation to say that the enduring power loom sector earned the moniker “Manchester of Pakistan” for Faisalabad after decades of strenuous efforts. However, this sector is in a precarious situation and grappling with surging operational costs, unbridled utility charges and increase in labour wages. Thousands of power looms are working […]