India Suspends 11% Cotton Import Duty Till September 30 to Support Garment Industry
In a significant policy move, the Indian government has suspended the 11% import duty on cotton until September 30, 2025. The decision comes at a time when India’s garment exporters face mounting global competition and rising costs, while bilateral trade relations with the United States remain under strain. The suspension is expected to benefit U.S. cotton growers and offer relief to India’s textile and apparel industry, one of the country’s largest employment generators.
India’s apparel exports face stiff competition from,
These nations enjoy lower tariffs and cheaper raw material access, putting India at a disadvantage in global markets.
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