<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Tamil Nadu
Chief Minister C. Joseph Vijay has issued an urgent appeal to Prime Minister
Narendra Modi, seeking the total withdrawal of the 11 percent import duty on
cotton to safeguard the state’s cornerstone textile industry. In a detailed
formal communication, the Chief Minister underscored that the sector is
currently navigating an unprecedented crisis fueled by an aggressive surge in
raw material prices. The cost of cotton has witnessed a staggering climb,
jumping from ₹54,700 to ₹67,700 per candy within a mere sixty-day window. This
price volatility has left garment manufacturers and spinning mills in a state
of financial paralysis, unable to sustain production under such prohibitive
input costs.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">The
repercussions of this economic strain extend far beyond corporate balance
sheets, threatening the fundamental livelihoods of millions across the state.
Tamil Nadu stands as India’s premier hub for textile and apparel exports, and
the current instability poses a direct risk to the socio-economic fabric of the
region. Chief Minister Vijay pointed out that the industry is a massive
employment generator, particularly for women from rural and semi-urban
backgrounds who rely on these clusters for their financial independence. A
continued spike in yarn and cotton prices could trigger a wave of layoffs and
industrial shutdowns, potentially reversing years of progress in the state's
manufacturing landscape.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">To
maintain India’s competitive edge in the global market, the Chief Minister
argued that federal intervention is no longer optional but a necessity. The
existing import duty is viewed as a significant barrier that prevents domestic
manufacturers from accessing global raw material markets at viable rates,
especially when local supplies are tight or overpriced. By removing this fiscal
burden, the state hopes to stabilize production costs and ensure that Indian
textile exports remain attractive to international buyers. Without a swift
policy pivot from the Center, the state government fears long-term structural
damage to its weaving and garment hubs, which could lead to a severe spike in
unemployment and industrial stagnation.<o:p></o:p></span></p>
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