Pakistan’s textile industry may be in for a slump following a shortfall in domestic cotton production, sources have warned. But although the government has already taken notice and is taking steps to mitigate the shortfall, textile industry insiders and agricultural experts say the issue points to a far larger chronic problem. According to sources, Pakistan’s cotton production is likely to fall short by five to six million bales this year. So far, cotton producers have harvested a little over one million bales of cotton, they said. Already, due to the gradual decrease in cotton production, more than 700 ginning factories have closed, leaving millions unemployed.

Source: The Express Tribune November 04, 2020 03:22 UTC