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Govt weighs cutting 11% cotton import duty to ease textile cost pressures

Economy
Published on 29 April 2026
Govt weighs cutting 11% cotton import duty to ease textile cost pressures

Plans include possible temporary duty waiver talks

The government is examining whether to reduce or temporarily remove the 11% import duty on cotton. Officials say the intent is to ease cost pressures on domestic textile companies, amid industry concerns about input prices. Discussions are underway with relevant ministries, and no final decision has been announced.

  • Govt is considering reducing the 11% cotton import duty
  • A temporary waiver is also being discussed
  • Move targets lower input costs for textile firms
  • Talks are ongoing with multiple ministries
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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