Indian cotton farmers want protection
INDIAN cotton farmers want customs duty on their product raised from 5.5% to 20% to combat high levels of imports.
The farmers allege that local textile factories are importing much of their raw materials.
The government has already introduced some controls on the imports which besides being cheaper are also judged to be of better quality.
India is expecting a bumper crop of 17.5 million bales for 1999-2000, against 16.3m bales last season.
- Indian cotton crop to fall, FWi, 31 August, 1999
- Indian cotton prices hit by imports, FWi, 11 June, 1999
- India to import more cotton, FWi, 02 March, 1999
- Financial Times 11/01/2000 page 38