Centre doubles import tax on more than 300 textile products , may hit China
India doubled the import tax on more than 300 textile products to 20 percent on Tuesday as the world`s biggest producer of cotton tries to curb rising imports from China. It was the second tax hike on textiles in as many months after an increase on other products including fibre and apparels last month.
India doubled the import tax on more than 300 textile products to 20 percent on Tuesday. Image source: Reuters