Latest Cotton Duty News & Updates

Chennai, Feb 2 (IANS) The Tamil Nadu textile industry, a cornerstone of India’s textile and apparel exports, has broadly welcomed the Union Budget’s thrust on infrastructure, skilling and export facilitation, but has cautioned that retaining the 11 per cent import duty on cotton could dilute the impact of these reforms.Industry leaders from Tamil Nadu and other major manufacturing hubs say timely access to quality cotton at globally competitive prices is crucial to safeguarding export commit…