150 split leather units closed in Sialkot
At least 150 split leather processing industrial units out of a total 260 units have been closed in Sialkot, Pakistan, due to shortage of wet blue split leather.
The situation is of grave concern among local manufacturers, exporters and industrial workers directly and indirectly involved with split leather processing industries and manufacturing of value added export products.
Chairman of the Pakistan Gloves Manufacturers & Exporters Association (PGMEA) Muhammad Younas disclosed this while addressing a largely attended press conference at his office on 24 May, 2011.
He said that the local markets of Sialkot had been suffering from acute shortage of wet blue split leather, adding that the value added gloves industry of Sialkot was dwindling as the situation was compounding every day in Sialkot and across Pakistan.
He also revealed that the export oriented split leather industry has been suffering from great financial crisis due to the shortage of split leather in the market caused by the large scale export of the item. As a result, the exports of split leather prepared products are declining daily.
