Heightened security measures in Karachi left Independence Day merchandise sellers with large unsold stocks, according to traders. VIP Flags owner Shaikh Nisar Ahmed Parchamwala said 60% of his stock remained unsold. The All Karachi Traders Alliance said restrictions could reduce this year’s business by PKR 10-15 billion after previous sales reached around PKR 35 billion.
Karachi, Aug 14: Heightened security measures and restrictions on gathering and movement of people in Pakistan’s financial capital left sellers of Independence Day merchandise with most of their stock unsold on Friday.
The 80th Independence Day was celebrated with Karachi, the largest city of the country witnessing Section 144 in some areas as precautionary measures.
Shaikh Nisar Ahmed Parchamwala, who makes and exports flags, said intense security measures in Karachi for this year’s Independence Day had badly hurt the business of selling related merchandise.
As much as 60 per cent of stock was still unsold in his warehouses as Pakistanis celebrated Independence Day on Friday, said Parchamwala, who runs a company named VIP flags.
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