Confederation of Indian Textile Industry
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Signals
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