Business StandardDec 20, 2022Demand crunch: Textile sector bats for stimulus, cotton import duty removalTextile industry players are batting for removal of import duty on cotton and a stimulus from the government after being hit by a dip in demand due to the global financial crisis and the Ukraine war. The industry has been also affected by the rise in Indian raw cotton prices, which are at least 10-20 percent higher than international cotton right now.Read more at Business Standard
Textile industry players are batting for removal of import duty on cotton and a stimulus from the government after being hit by a dip in demand due to the global financial crisis and the Ukraine war. The industry has been also affected by the rise in Indian raw cotton prices, which are at least 10-20 percent higher than international cotton right now.Read more at Business Standard
