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    HomeNewsBusinessMarketsTextile stocks set for re-rating as government waives duty on extra-long staple cotton

    Textile stocks set for re-rating as government waives duty on extra-long staple cotton

    The government's decision to waive import duty specifically applies to extra-long staple (ELS) variety cotton, which includes premium types like US Pima and Egyptian Giza

    Lovisha Darad
    February 22, 2024 / 15:02 IST
    The government's exemption of import duty on extra-long staple cotton will have a positive impact on spinners and the entire value chain, said analysts
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