ICRA has highlighted key expectations from India’s textile industry ahead of the Union Budget FY2027, noting that the sector continues to face pressure from international tariff issues, intensified regional competition and a subdued export environment. According to Srikumar Krishnamurthy,
The Cotton Association of India (CAI) has called on the government to remove the 11% customs duty on raw cotton imports to support free trade and strengthen the domestic textile industry. Currently, raw cotton imports are duty-free until December 31, 2025. Vinay N. Kotak, President of CAI, highlighted that the Indian textile sector is facing […]














