Centre Waives 11% Cotton Import Duty Through Oct 31 to Cushion Textile Input Costs

India scraps the 11% customs duty on cotton imports from June 1 to October 31, 2026, easing raw material pressure for textile manufacturers, exporters, and apparel SMEs. Farmer interests are shielded via a higher MSP of ₹8,267/quintal (medium-staple) and ₹8,667/quintal (long-staple), with a ₹557/quintal hike. Sector employs 45 million.

— Filed Sat, 30 May, 2026, 17:18 IST · Source The Hindu BusinessLine · Updated

Centre waives 11% customs duty on cotton imports from June 1 to October 31, 2026, to ease input costs for India's textile and apparel sector, supporting manufacturers, exporters, and SMEs while protecting farmers via MSP.

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