The cotton industry of Pakistan and its decline. The cotton industry of Pakistan has remained the major industry of Pakistan in the past. It has provided jobs to the millions of individuals in Pakistan. Moreover, it has also provided the foreign reserve in shape of export to the other countries.
Cotton of Pakistan is global. Similarly, this industry also contributed a percentage in the national income of Pakistan in the past. But recently, the industry is facing a slow decline period.
Import of Cotton in Pakistan
Now the situation is such in Pakistan that cotton and thread is imported to Pakistan from other countries instead of having an agricultural state. Pakistan is facing the situation that it is importing cotton from other countries to fulfill the needs of the cotton industry in Pakistan. This is a dilemma of cotton industry in Pakistan and nothing serious efforts are made to control this whole situation.
The frame of cotton industry in the world. Cotton industry is among the top and primary and one of the major industries of Pakistan. It provides low-thread and other related material to the cloth-making industries.
In this way, the industry is contributing a lot to the national income of Pakistan. In this regard, the Faisalabad city is famous for high level of growth and progress and development of cotton industry in Faisalabad. Faisalabad is also an agricultural city and rich in cotton industry. But in the past, in the first decade of the first century, due to the energy crisis, the cotton industry was among the top industries which faced high loss.
Resultantly, the investors moved towards other industries as well as other neighbor countries to protect their capital because in the situation of Absence of sufficient energy resources regarding the cotton industry cannot be ran in these new ports. So, the energy crisis hit a lot the growth and development of cotton industry in Pakistan, especially in big cities like Faisalabad.
Similarly, on the other side, the excess of cultivation of cotton in major agricultural region of Pakistan like Faisalabad, Bahawalpur, Layyah, Multan resulted in the low provision of cotton to the cotton industry. The farmers shifted their choice of cultivation of cotton and preferred other cash crops due to the problems of cultivation of cotton. They prefer sugarcane, maize, rice, etc. In this situation, cotton cultivation and per acre yield started declining.
