Cotton import duty

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Impact of Cotton Import Duty Exemption on Prices and Farmers

The Indian government has exempted an 11% import duty on cotton to facilitate the industry's affordability, leading to a decrease in domestic prices. This exemption aligns international and domestic prices, ensuring the industry's access to quality cotton while maintaining support for farmers through the Minimum Support

Cotton import duty

Import Duty Exemption on Cotton Extended Until 2025

The Indian government has extended the import duty exemption on cotton until December 31, 2025, to enhance the competitiveness of the textile industry while protecting domestic farmers. This strategic move aims to stabilize raw material costs, support employment in the textile-apparel sector, and ensure a steady supply of high-quality cotton,