Download the app
App StorePlay Store
Beige
Login
← All tags

cotton

Textile makers demand zero duty on cotton as prices jump 25% and output misses forecasts

Textile makers demand zero duty on cotton as prices jump 25% and output misses forecasts

Indian textile industry bodies have asked the government to scrap an 11% import duty on raw cotton after domestic prices jumped about 25% in two months. They say this crop year’s cotton output could fall roughly 10% short of initial expectations, with current production estimated at 29.2 million bales versus domestic demand of 328 lakh bales. Manufacturers also argue they’re losing ground to Vietnam and Bangladesh, where cotton imports enter duty-free, while a newly approved ₹5,659 crore cotton productivity mission is underway.

Summarised by Beize from a story on The Economic Times on 15 May 2026
Apparel industry presses for duty cut on cotton as 45 lakh bales gap looms

Apparel industry presses for duty cut on cotton as 45 lakh bales gap looms

Apparel industry representatives met Vice President C P Radhakrishnan and ministers, demanding removal of an 11% import duty on cotton. They warn of a projected 45 lakh bales supply-demand gap for the upcoming season, which could push up input costs and strain domestic manufacturers. The request aims to ease cost pressures and protect the sector’s competitiveness.

Summarised by Beize from a story on The Economic Times on 14 May 2026

Your news, in seconds

App StorePlay Store
Rs 5659 crore cotton mission promises higher yields and less import dependence

Rs 5659 crore cotton mission promises higher yields and less import dependence

India has launched a Rs 5,659-crore Mission for Cotton Productivity to reverse declining farm yields, improve seed quality, and cut rising import dependence. The plan leans on technology upgrades, stronger research, and traceability across the cotton chain, aiming to restore the country’s competitiveness and long-term global leadership position.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Textile industry urges lower cotton import duty and a strategic reserve to revive mills

Textile industry urges lower cotton import duty and a strategic reserve to revive mills

India’s textile industry is calling on the government to cut cotton import duties and set up a strategic cotton reserve, saying high cotton prices and falling production are hurting mills. The sector also wants easier credit access to help sustain operations. Together, these steps are aimed at boosting competitiveness against global rivals and keeping production steady.

Summarised by Beize from a story on The Economic Times on 7 May 2026
Cabinet okays Rs 5659 crore mission to boost India cotton yield with new seeds and tech

Cabinet okays Rs 5659 crore mission to boost India cotton yield with new seeds and tech

The Union Cabinet has approved a five-year mission worth Rs 5,659.22 crore to raise India’s cotton productivity. The plan targets key bottlenecks in the cotton sector by funding high-yielding seed development and wider adoption of advanced crop production technologies. The effort is designed to improve cotton yield and quality, supporting farmers’ incomes and strengthening India’s export competitiveness.

Summarised by Beize from a story on The Economic Times on 5 May 2026
Govt weighs cutting 11% cotton import duty to ease textile cost pressures

Govt weighs cutting 11% cotton import duty to ease textile cost pressures

The government is examining whether to reduce or temporarily remove the 11% import duty on cotton. Officials say the intent is to ease cost pressures on domestic textile companies, amid industry concerns about input prices. Discussions are underway with relevant ministries, and no final decision has been announced.

Summarised by Beize from a story on The Economic Times on 29 Apr 2026

Never miss a story

App StorePlay Store
Page 1

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.

Download on the App StoreGet it on Google Play