The Ministry of Finance has suspended the import duty on cotton from June 1 to October 31, giving the much-sought relief for the textile industry.

Cotton imports will be duty-free from June 1 to October 30, 2026. This move by the Centre aims to increase cotton availability for India's textile industry. The exemption covers…

The Centre has removed cotton import duty until October 31, aiming to lower textile input costs, boost exports and ensure adequate cotton supply.

The government has announced a five-month customs duty exemption on cotton imports starting June 1. This move aims to increase raw material availability for India's textile…