A Gherzi-ICAC study released by CITI said India’s 11 per cent cotton import duty is hurting the global competitiveness of the textile and apparel sector and called for a stable, predictable import policy.
The report recommended duty-free access during shortages, strategic cotton reserves, and reforms to improve productivity and fibre quality.
The report recommended duty-free access during shortages, strategic cotton reserves, and reforms to improve productivity and fibre quality.