The Cotton Association of India, in a row to support Free trade, has requested that the government remove 11 per cent customs duty on raw cotton imports. Currently, the raw cotton imports are duty-free till December 31, 2025. Moreover, Vinay N Kotak, President of the Cotton Association Of India (CAI) has cited that Indian textiles have been suffering through one of its worst times since faltering due to the uncertainty of US tariffs and recessionary conditions in Europe.
Time to protect the industry by removing 11 % duty on raw cotton imports
Furthermore, he mentioned that the current market challenges with respect to raw cotton imports are driven by lower domestic productivity and high minimum support price (MSP) making Indian cotton costly compared to other competing international growths. The 11 percent import duty levied on cotton not only distorts the prices but also heightens the misery of our textile industry. He found that the only solution to enhance the textile industry was to make available sustainable and competitive supply of raw material. Whereas cotton farmers are already protected through Minimum Support Price (MSP), it is time to protect the textile industry by removing 11 per cent import duty on raw cotton imports. According to him, this removal of duty will help the Indian Textiles sector to increase the share in the world trade and fulfill the target of $100 billion exports by 2030.
CAI projected Indian cotton imports to touch record 50 lakh bales
In the recent supply demand estimates, CAI has projected that the Indian cotton imports are likely to touch a record 50 lakh bales of 170 kg each for the current 2025-26 season, an increase from 41 lakh bales in the last year. The cotton crops were witnessed at 309.5 lakh bales and domestic consumption expected at 295 lakh bales for the current season.
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