Tamil Nadu CM seeks cotton import duty removal as yarn prices spike to ₹330/kg
CM Stalin urged PM Modi to scrap cotton import duty as Tamil Nadu's textile sector faces a crisis with yarn prices climbing from ₹301 to ₹330 per kg. Met CII in Chennai to push investments and ease of doing business agenda.
What happened
Government of Tamil Nadu · Tamil Nadu CM met CII to discuss investment and ease of doing business, while urging PM Modi to remove cotton import duty amid a
Key facts
- yarn prices Rs 301 to Rs 330 per kg
Why this matters
Policy uncertainty and raw material volatility open a window to scout distressed spinning assets in Tamil Nadu while engaging CII channels on the investment agenda.