By The Pakistan Tanners Association (PTA) reported on Wednesday that over 680,000 livestock were sacrificed during Eid ul Adha. The total value of these animals exceeded Rs500 billion.
Agha Syedain, a Central Executive Committee member of the PTA, provided details: 290,000 cows, 330,000 goats, 385,000 sheep, and 98,000 camels were sacrificed.
Furthermore, 165,000 water buffalo were also sacrificed as part of religious observances.
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The PTA expressed concerns about potential hide losses. Extreme heat and poor handling could lead to a 40% loss of hides.
The leather industry typically fulfills 20% of its annual hide demand during Eid ul Adha. This year, there are fears that the supply might fall short by more than 20%. Estimates suggest that the hides alone are valued at approximately Rs85 billion.
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