27 July 2018
INDIA: Textile Import Duty Doubled to 20% in Bid to Boost Domestic Production
The import duty on more than 50 textile products has been doubled to 20% as part of a government bid to boost domestic production in line with the aims of the Make in India initiative. The affected products include certain items of clothing, accessories, vegetable-based fibres, carpets, woven fabrics, knitted garments and babywear.
Those textile-exporting nations granted Least Developed Country status – such as Bangladesh – will continue to enjoy duty-free access to the Indian market.