India’s Cotton Import Duty Cut Offers Relief to Textile Industry and Sends Strategic Signal to US Amid Trade Tensions
In a move that blends economic pragmatism with geopolitical messaging, the Indian government has suspended the 11% import duty on raw cotton until September 30, 2025. The decision, announced late Monday, eliminates both the 5% basic customs duty and the 5% agriculture infrastructure and development cess, offering immediate relief to India’s textile and garment industry…
