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Saturday, May 30, 2026

Cotton duty relief: Textile industry welcomes import tax waiver, sees boost for exports and MSMEs

The Centre has exempted customs duties on cotton imports for five months until October 30, aiming to boost availability and reduce costs for India's textile sector. This move is expected to enhance competitiveness, particularly benefiting MSMEs and enabling garment exporters to secure orders more effectively amidst global volatility.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/zdPOY9p

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Cotton duty relief: Textile industry welcomes import tax waiver, sees boost for exports and MSMEs

The Centre has exempted customs duties on cotton imports for five months until October 30, aiming to boost availability and reduce costs for...