Government Extends Cotton Duty Exemption Until December 31

The government has extended the customs duty exemption on cotton imports until December 31, 2026, to support the textile industry. This extension aims to improve cotton availability and reduce costs for manufacturers, especially small and medium enterprises. It’s hoped that this will also help keep prices manageable for consumers in the market.

With cotton being crucial for the textile sector, this move is expected to ease raw material constraints and help manufacturers manage their expenses.