State any three problems faced by the cotton industry in India.

Three problems faced by the cotton industry in India are-

1. Shortage of Raw Material — There is a shortage of raw material, particularly of long staple cotton.
2. Shortage of Power — The mills are facing acute shortage of power. This leads to loss of man hours, low productivity and loss in the mills.
3. Sick Industrial Units — The industry faces constant threat of sickness and consequent closure. These sick units require heavy financial investments for replacement and modernisation purposes.