Cotton Import Duty Waiver Yields Little as Foreign Prices Stay Near Domestic Levels: CAI
The government's temporary removal of the 11% cotton import duty has failed to deliver meaningful savings for Indian textile mills, per CAI data. Imported cotton remains only marginally cheaper than domestic supply, leaving mills with limited cost relief despite the policy change.
Despite the government temporarily removing the 11% cotton import duty, CAI data shows imported cotton remains only marginally cheaper than domestic cotton, offering little economic benefit to Indian textile mills as prices stay nearly equal.