Indian Cotton Prices Rise as Import Duty Exemption Ends, Textile Mills Face Challenges
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Indian Cotton Prices Rise as Import Duty Exemption Ends, Textile Mills Face Challenges

Cotton prices are firming up in India following the government's decision not to extend the import duty exemption beyond December 31, 2025. This makes imported cotton more expensive for Indian textile mills. While farmers are protected by the Cotton Corporation of India (CCI) purchasing at Minimum Support Price (MSP), the textile industry faces challenges. Unseasonal rains have affected the quality of Indian cotton, and rising prices may hinder international competitiveness. The CCI has increased its procurement of cotton from farmers this season.

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