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.
India exempts cotton imports from 10.5% duty till 31 Oct 2025, easing input costs for apparel SMEs as FY26 imports surge 54.6% YoY to $1.86bn.
Mint · Industry · 5/30/2026, 1:43:30 PM · Ask about this →
Government of India Apparel Export Promotion Council Confederation of Indian Textile Industry