Govt Removes Cotton Import Duty Till Sept 30

KHUSHI KUMARI Image Source: Google Images

The Indian government has announced exemption of import duties on cotton, providing relief to the struggling garment industry

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The decision comes as a major relief for India’s textile and apparel industry, which has been battling high input costs

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The exemption will remain effective till September 30, giving manufacturers temporary breathing space

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The garment industry has been hit hard by the 50% tariff on shipments to the United States, reducing competitiveness

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High domestic cotton prices were straining businesses; this exemption will help reduce raw material costs

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The measure is expected to revive India’s textile exports, making them more competitive in the global market

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Garment manufacturers and exporters have welcomed the government’s step, calling it a timely lifeline

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