Textile Industry Seeks Six-Month Extension for Duty-Free Cotton Imports

Textile Industry Seeks Six-Month Extension for Duty-Free Cotton Imports New Delhi, Sep 14 (KNN) India’s textile industry has sought a six-month extension of the duty-free import window for raw cotton beyond October 31, citing a sharp rise in yarn prices and concerns over cotton availability. The government had waived the 11Percent import duty on raw cotton from June to October 31 to improve availability and help moderate domestic prices. Cotton prices have risen about 24Percent over the p

NewsBeagle is a discovery engine. We show the headline, a short source-supplied summary and clear attribution. The complete reporting remains with the publisher.