Government extends import duty exemption for cotton
The Indian Finance Ministry has extended the import duty exemption on cotton until December 31, 2026, to support the textile industry. This decision follows concerns over low cotton arrivals caused by a poor monsoon season.
Why it matters
The extension provides critical financial relief to the textile sector, which is a major employer and economic driver in India, amid supply chain volatility.
COIMBATORE The Finance Ministry extended the import duty on cotton until December 31, 2026, providing relief to the largest cotton consumer—the textile industry. Spinning mills call for permanent removal of import duty on cotton Spinning mills call for permanent removal of import duty on cotton Spinning mills call for permanent removal of import duty on cotton storyline 1 In a notification issued on Friday, October 30, 2026, the Finance Ministry said the exemption,…
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