Confederation of Indian Textile Industry (CITI) has released a joint study by Gherzi and International Cotton Advisory Committee (ICAC), warning that India’s 11 per cent cotton import duty and stagnant productivity levels are weakening the global competitiveness of the country’s textile and
The Southern India Mills Association (SIMA) and the Confederation of Indian Textile Industry (CITI) have jointly urged the government to permanently remove the 11% import duty on cotton, citing rising input costs and widening supply-demand gaps in India’s textile sector. The recommendation follows a study titled Economic Analysis of Cotton Supply, Pricing and Trade Policy
India’s proposal to reduce or temporarily remove import duties on raw cotton is facing resistance, as differences emerge between the Ministry of Textiles India and the Ministry of Agriculture and Farmers Welfare over its potential impact on domestic stakeholders. The move, initiated by the Textile Ministry, aims to ease input cost pressures on garment exporters […]














