Budget 2026: Textile industry body seeks permanent removal of cotton import duty; flags cost pressure, export risks
The Confederation of Indian Textile Industry (CITI) is urging the government to permanently remove the 11% import duty on cotton in the Union Budget 2026. This levy is increasing costs and harming the global competitiveness of domestic manufacturers, especially as domestic production declines and competing nations offer duty-free imports.
The Confederation of Indian Textile Industry (CITI) is urging the government to permanently remove the 11% import duty on cotton in the Union Budget 2026. This levy is increasing costs and harming the global competitiveness of domestic manufacturers, especially as domestic production declines and competing nations offer duty-free imports. What's Your Reaction?
