Ministry Of Textiles Plans Duty Cuts To Shield Textile Sector

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2026-04-20 09:39:13 -

The Ministry of Textiles is considering duty reductions on rayon pulp and select cotton, along with deferring anti-dumping duties on certain yarns, to protect the textile industry from disruptions linked to the West Asia crisis, as per media reports. The ministry is also evaluating removal of the minimum import price (MIP) on key knitted fabrics to ease cost pressures, while discussions with...

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