Indian textile exports become noncompetitive as domestic cotton prices increase 6% in July - Business News: Latest News & Videos about market and economy | Trendmergers

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Indian textile exports become noncompetitive as domestic cotton prices increase 6% in July

“Taking advantage of the 10% import duty levied on cotton, the trade has encouraged price speculation and the domestic prices in certain varieties such as ELS cotton has already exceeded the international price making our industry uncompetitive” alleged SIMA Chairman.

from Industry-Economic Times
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