Pakistan`s textile industry

Published January 1, 1970
Pakistan, the world's fourth-largest cotton producer and third largest cotton consumer, has 60 per cent of its 18 billion dollars yearly exports is its textiles but the exports growth is stagnant for over a year mainly due to a recession in the global economy. Officials say Textile industry in Pakistan is facing a persistent decline in cotton production for the past more than four years while consumption of cotton products is on a rise. India on the other hand is seeing an increase in cotton production over the same period of time. Pakistan may import as many as two million bales this year as production may be little changed at 12 million bales, according to All- Pakistan Textile Mills Association. Pakistan's cotton cultivation has declined due to several factors ranging from cultivation of traditional varieties and via traditional methods, poor marketing, and failure in making timely payments to cotton producers. - AFP Photos/Aamir Qureshi[imagebrowser id=9661]

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