LAHORE: Despite the early commencement of the new cotton ginning season in the second week of May — a first in the country’s history — concerns are mounting that the cotton industry could face its worst economic crisis ever.

This apprehension stems from the tax-free import of raw cotton and yarn, which threatens the viability of the local industry.

Industry insiders fear that during the crop year 2025-26, cotton ginning and textile sectors may operate at less than 50 per cent of........

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