📅 May 6, 2026 | Source: TEXPROCIL
OVERVIEW:
TEXPROCIL Chairman meets Commerce Minister Piyush Goyal and Textiles Secretary to demand
removal of cotton import duty amid geopolitical tensions.
KEY HIGHLIGHTS:
- TEXPROCIL meets Commerce Minister Piyush Goyal on May 6, 2026
- Demands: Removal of import duty on cotton
- Also met Textiles Secretary Neelam Shami Rao
- Met DGFT Lav Agarwal same day
- Presented 70-year commemorative book
- Key issues discussed:
- Cotton import duty removal
- Geopolitical impact on exports
- Competitiveness of Indian textiles
- TEXPROCIL also met Finance Minister Nirmala Sitharaman on May 12, 2026
WHY THIS MATTERS:
Indian cotton prices higher than international prices — hurting competitiveness of textile exporters.
WHO IS AFFECTED:
- Cotton yarn exporters
- Cotton fabric manufacturers
- Made-up textile exporters
- Raw cotton traders
SOURCE: TEXPROCIL | texprocil.org
May 6, 2026