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.

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 appa

The Hindu BusinessLine · 5/30/2026, 11:48:02 AM · Ask about this →

Government of India + CBIC + Cotton Corporation of India + Finance Ministry +