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The Hindu·3 min read·medium

SISPA seeks permanent policy on cotton import duty

SISPA seeks permanent policy on cotton import duty
AI Summary

The South India Spinners Association (SISPA) is calling for a permanent, formula-based policy regarding cotton import duties. They argue that temporary exemptions create market uncertainty and price volatility that disproportionately harm small spinning mills.

Why it matters

Predictable trade policies are essential for the stability of the textile industry, which is a major employer and economic driver in India.

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The South India Spinners Association (SISPA) has welcomed the government’s decision to temporarily exempt the 11% import duty on cotton from June 1 to October 31, 2026. However, the association has emphasised that recurring temporary exemptions do not provide a long-term solution to the challenges faced by the cotton and textile value chain.

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economybusiness
Political Bias
Center
LeftLean LCenterLean RRight
Confidence: 85%

The article presents the industry association's perspective on government policy neutrally.

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