Business

Govt waives cotton import duty till October 30 to boost supplies, ease input costs

The government has waived customs duties on cotton imports for five months until October 30, 2026, effective June 1, 2026. This measure aims to boost cotton availability for the domestic textile industry, reduce input costs for manufacturers, and support SMEs. The exemption is intended to benefit the entire value chain, including consumers, while considering domestic farmers’ interests.

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