India has scrapped import duties on cotton between August 19 and September 30, offering short-term relief to its textile and apparel sector as it battles rising global trade pressures. The government order, issued late Monday, fulfills a long-standing demand from industry groups who argued that
India has set an ambitious target of increasing its textile and apparel (T&A) exports from US$ 34.8 billion in FY24 to US$ 100 billion by 2030. However, this goal appears challenging unless substantial, game-changing reforms are introduced. Historically, India’s T&A exports have grown from US$ 11.5 billion in FY01 to US$ 34.8 billion in FY24, […]













