Apparel Export Promotion Council
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India waives 11% cotton import duty for five months to ease textile input costs
Government suspends 11% cotton import duty from June 1 to October 31, a five-month window aimed at cooling raw material costs for textile and apparel manufacturers, particularly MSMEs and exporters squeezed by elevated domestic cotton prices.
Times of India · Business · 5/30/2026, 9:28:31 PM
Centre waives 10.5% cotton import duty till 31 October to ease textile input costs
Government exempts cotton imports from 5% basic customs duty and cess for five months starting 1 June, targeting relief for apparel SMEs amid tight domestic supply. FY26 cotton imports already up 54.6% YoY at $1.86bn; garment exports at $15.81bn of $35.7bn total textile shipments.
Mint · Industry · 5/30/2026, 1:43:30 PM
Centre likely to scrap 11% cotton import duty till October as prices surge 10-15%
Indian textile and apparel manufacturers face a 45 lakh bale supply gap against 337 lakh bales demand, with West Asia crisis driving cotton prices up 10-15%. AEPC-backed duty waiver aims to restore cost competitiveness against Bangladesh and Vietnam under new FTAs.
Indian Express · Business · 5/29/2026, 11:08:19 AM
Centre weighs scrapping 11% cotton import duty till October as prices surge 10-15%
Apparel Export Promotion Council pushes for duty waiver as West Asia crisis lifts cotton prices 10-15%. India faces 45 lakh bale supply gap (337 lakh demand vs 292 lakh arrivals). Move aims to restore FTA competitiveness against Bangladesh and Vietnam textile exporters.
Indian Express · Business · 5/26/2026, 2:21:54 AM