TASMA urges Finance Minister to extend duty-free cotton import facility

NEW DELHI : The Tamil Nadu Spinning Mills Association (TASMA) has urged Finance Minister Smt. Nirmala Sitharaman to extend duty-free imports of cotton beyond December 31, 2025, as the country could face a cotton shortage in view of lower production.

TASMA President A P Appukutty, in a letter to the Finance Minister, said extending duty-free imports may ease the availability of cotton and help mills to competitively price their products in the global market.

Welcoming the government’s move to extend duty-free imports from September 30, 2025, to December 31, 2025, he said it helped mills to import cotton at a price lower by 11 per cent and offer their products at a competitive price in the global market.