Textile Industry Welcomes Cotton Import Duty Waiver as Exports Poised for Revival

Textile Industry Welcomes Cotton Import Duty Waiver as Exports Poised for Revival

The Indian textile industry has received a significant boost this week following the government’s decision to waive import duties on raw cotton. This policy shift, implemented to address high domestic prices and supply volatility, aims to stabilize raw material costs for manufacturers across the country. Industry leaders expect this move to enhance the global competitiveness…

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Government Implements Five-Month Duty Relief for Cotton Imports to Stabilize Textile Sector

Government Implements Five-Month Duty Relief for Cotton Imports to Stabilize Textile Sector

Strategic Intervention to Stabilize Supply Chains The national government announced this week a comprehensive five-month duty relief package on cotton imports to combat rising raw material costs and provide immediate stability to the domestic textile industry. This policy shift, effective immediately and extending through the next five months, aims to bridge the supply gap that…

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