20 Feb 24 1 min read
Insights
- India has lifted import duties on extra-long staple (ELS) cotton, addressing demands from its textile industry.
- The move aims to ease reliance on imported ELS cotton, subject to an 11 per cent duty, crucial for fine cotton yarn production.
- TEXPROCIL, which has long advocated for duty removal, notified members of the decision, referring to HS Code 52010025.
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