India waives 11% cotton import duty for five months to ease textile input costs
Government suspends 11% cotton import duty from June 1 to October 31, a five-month window aimed at cooling raw material costs for textile and apparel manufacturers, particularly MSMEs and exporters squeezed by elevated domestic cotton prices.
What happened
Government of India · Government grants five-month duty exemption on cotton imports from June 1 to Oct 31, removing the 11% import duty to cool input costs for
Key facts
- 11% import duty
- June 1 to Oct 31
- 5 months
Why this matters
The temporary duty waiver creates a window to renegotiate supply agreements with Indian textile vendors and evaluate bolt-ons among margin-stressed MSME apparel makers before pricing normalizes.