Readymade garment exporters want India to ban cotton exports

Some foreign buyers have sought up to a 30% discount if goods are delayed over 15 days in time or asked for air transport at their own cost, which would wipe out profits for sellers, industry sources told ET. The industry wants a ban on cotton exports from India to check the rising prices. India had on Friday banned wheat exports following a sharp rally in local prices.

Readymade garment exporters want India to ban cotton exports
Some foreign buyers have sought up to a 30% discount if goods are delayed over 15 days in time or asked for air transport at their own cost, which would wipe out profits for sellers, industry sources told ET. The industry wants a ban on cotton exports from India to check the rising prices. India had on Friday banned wheat exports following a sharp rally in local prices.