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Cotton Corporation of India

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0 mentions · last seen 6/5/2026

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Cotton import duty suspended; CCI cuts sale price Rs 700/candy as spinners eye cheaper imports

Government has exempted cotton import duty from June 1 to October 31, easing domestic raw material costs. CCI, sitting on 32 lakh bales of a 105 lakh-bale procurement, trimmed sale price by Rs 700/candy. New import contracts expected from late July, offering relief to spinners and downstream textile and apparel brands.

BL · Consumer & Economy · 6/1/2026, 3:37:57 PM

Centre Waives 11% Cotton Import Duty Through Oct 31 to Cushion Textile Input Costs

India scraps the 11% customs duty on cotton imports from June 1 to October 31, 2026, easing raw material pressure for textile manufacturers, exporters, and apparel SMEs. Farmer interests are shielded via a higher MSP of ₹8,267/quintal (medium-staple) and ₹8,667/quintal (long-staple), with a ₹557/quintal hike. Sector employs 45 million.

The Hindu BusinessLine · 5/30/2026, 11:48:02 AM