PAKISTANI CLOTHING AND TEXTILE INDUSTRY FEARS BIG DECLINE IN EXPORTS AND LOOK FOR CHEAP COTTON
September 30th, 2022
Pakistan’s clothing and textile industry fears that the value of its exports may tumble at least 30%, after the recent floods wiped out much of the country’s usually plentiful cotton crop. To keep running, the sector is looking for strategies to buy cheaper cotton abroad and is asking for government aid to finance this task.
With more than 40% cotton production land in Sindh province, southern parts of the Punjab province and parts Balochistan inundated, the All Pakistan Textile Mills Association (APTMA) and other industries fear the textile and garment ...
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