India’s textile sector receives a boost as the government extends the import duty exemption on cotton until December 2025. This move aims to enhance competitiveness in global markets, revive orders for SMEs and export units, and stabilize raw material costs across the textile value chain. The decision is expected to safeguard employment and indirectly benefit cotton farmers through better prices. Post navigation IIP data: Manufacturing lifts industrial growth to 4-month high of 3.5%; mining and power lag behind Mutual funds’ share in household savings jumps 6x in decade on inclusion, low rates & confidence boost
