Tag: textile industry
Posted in Economy
Govt extends customs duty exemption on cotton imports till December 31
The government has extended the customs duty exemption on cotton imports by two months till December 31, 2026, to improve supplies and ease input costs…
Posted in Economy
Cotton prices down 3% on import duty suspension, may slide more
Pune: India’s decision to suspend 11% import duty on cotton until October has triggered an immediate reversal in the fibre’s rally, with cotton bale and…
Posted in Economy
Cotton imports rise to meet domestic industry’s quality, supply requirements: Govt to Parliament
New Delhi: Cotton imports from the USA have increased to meet the quality and supply requirements of the domestic textile industry, which consumes about 94%…
Posted in Business
Amid Trump’s tariffs, Centre to ramp up MSP cotton buys to shield farmers
The Centre will ramp up purchases of cotton at federally-fixed minimum support prices or MSP to cushion farmers from falling local rates, following the government’s…