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2022: Auto sector in reverse gear as economy hits a bump in the road

Auto sector was roiled by rising interest rates, as well as inflation, born out of excessive monetary stimulus extended by Pakistan amid default threat

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Nishat Chunian announces partial shutdown of operations

Nishat Chunian is one of Pakistan’s largest textile companies with a capacity of 219,528 spindles in its spinning division

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Textile giant Nishat Chunian to partially suspend operations from next month

KARACHI: One of the country’s largest textile companies Nishat Chunian Limited on Wednesday announced a partial shutdown of its operations from next month, blaming current market.

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One of Pakistan s largest textile companies, Nishat Chunian to partially suspend operations - Business

Says it will temporarily close 51,360 out of 219,528 spindles after a month.

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Textile company Nishat Chunian announces partial suspension of operations due to market conditions

One of Pakistan's leading textile companies, Nishat Chinian Limited, has announced a partial suspension of operations.

Millat tractorsBolan castingsBaluchistan wheels ltdNishat chinian limitedCompanies ordinancePakistan stock exchangeIndus motor companyPak suzuki motor company ltdBolan castings limitedBaluchistan wheelsMillat tractors limited

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