New Delhi, Aug. 19 -- The central Government's step of reducing import duty on cotton will boost the textile industry of the country and will increase exports according to Praveen Khandelwal, BJP MP and Secretary General of Confederation of All India Traders (CAIT).

In an exclusive conversation with ANI, Khandelwal said, "The government has abolished the import duty on cotton. The agriculture infrastructure cess has also been eliminated. This is a welcome step. It will boost the country's textile industry. Cheaper raw cotton will reduce the production cost of our clothes and increase exports. Along with increased production, India's share will also grow."

In a major relief to the textile and garment industry, the Central Government on M...