In a significant move aimed at supporting India's textile and apparel sector, the Central government has announced a temporary exemption on customs duty and Agriculture Infrastructure and Development Cess (AIDC) on cotton imports. The exemption will remain in effect from June 1 to October 31, 2026, and is expected to improve cotton availability, reduce production costs.
American duties on Indian goods slashed to 18%, lowest among major Asian economies
February 3,2026: India has emerged as the biggest beneficiary of the latest...
