State the challenges faced by cotton industry
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The cotton textile industry of the country is thus facing both short-term and long-term problems. Former includes problems of high prices, shortage of raw materials, liquidity problems due to poor sales and accumulation of huge stocks due to poor demand in the market.
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HI
▶️ Major challenges faced by the cotton industry:-
◾️ Power supply is erratic and machinery needs to be upgraded in the weaving and processing sectors in particular.
◾️Low output of labour and stiff competition with the synthetic fibre industry are other problems.
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