Cotton import duty hurting textile competitiveness: Study

Report Recommends US $158 Million Annual Support for Competitive Cotton Supply

A comprehensive study on India’s cotton sector, jointly prepared by Gherzi and the International Cotton Advisory Committee (ICAC), highlighting the need for stable cotton trade policies and globally competitive raw material access to strengthen India’s textile and apparel industry has been released by the Confederation of Indian Textile Industry (CITI). The report, titled Economic Analysis […] The post Report Recommends US $158 Million Annual Su…

VIA Welcomes CITI Cotton Study Report; Urges Immediate Policy Reforms for Textile Sector

Vidarbha Industries Association (VIA) has welcomed the recently released cotton study report prepared by the Confederation of Indian Textile Industry (CITI), titled “Economic Analysis of Cotton Supply, Pricing, and Trade Policy in India”, in association with Gherzi Textile Organization and the International Cotton Advisory Committee (ICAC). The report provides a critical roadmap for addressing the current challenges in India’s cotton-textile val…

Cotton Import Duty Raises Cost Pressures on Textile Industry, Study Flags Competitiveness Concerns - Business News Week

New Delhi: A new industry study has highlighted that India’s current cotton import duty structure could be affecting the global competitiveness of the country’s textile and apparel sector. The report points out that higher input costs for raw cotton are adding pressure on manufacturers, especially exporters who operate in highly competitive international markets where pricing […] The post Cotton Import Duty Raises Cost Pressures on Textile Indus…

Cotton import duty hurting textile competitiveness: Study

A landmark study released by the Confederation of Indian Textile Industry (CITI) on Thursday has sounded the alarm over India's 11 per cent import duty on cotton, warning that it is eroding the competitiveness of the country's textile and apparel sector at a time when the industry is chasing an ambitious USD 350 billion target by 2030.