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Apparel industry presses for duty cut on cotton as 45 lakh bales gap looms

Economy
Published on 14 May 2026
Apparel industry presses for duty cut on cotton as 45 lakh bales gap looms

A 45 lakh bale shortage could spike input costs fast

Apparel industry representatives met Vice President C P Radhakrishnan and ministers, demanding removal of an 11% import duty on cotton. They warn of a projected 45 lakh bales supply-demand gap for the upcoming season, which could push up input costs and strain domestic manufacturers. The request aims to ease cost pressures and protect the sector’s competitiveness.

  • Industry seeks removal of the 11% import duty on cotton
  • Warns of a 45 lakh bales supply-demand gap ahead
  • Rising cotton costs could pressure domestic apparel makers
  • Officials were urged to intervene to protect sector margins
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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