The newly signed Indo-Australia trade agreement and duty-free imports would help India gain high quality cotton produced by Australia, says PiyushGoyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles
India has allowed duty-free imports of cotton until September 30, 2022. It is reported that the prices of cotton has increased due to a drop in the production. Goyaladds, the move will bring down prices benefitting customers.