CITI welcomes temporary removal of 11% cotton import duty, calls it boost for textile exports
New Delhi, May 31 -- The Confederation of Indian Textile Industry has welcomed the Central Government's decision to temporarily remove the 11% import duty on cotton from June 1 to October 31, saying the relief will help India's MSME-dominated textile and apparel sector improve global competitiveness amid global headwinds. The move comes as India targets $100 billion in textile and apparel exports by 2030.
"The Confederation of Indian Textile Industry (CITI) warmly welcomes the temporary removal of the 11% import duty on cotton from June 1 to October 31, 2026, for the momentum it can provide to the MSME-dominated Indian textile and apparel sector," CITI said in a press release.
The industry body noted that it had been advocating relief o...
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