Cotton imports into India, the world's biggest producer of the fibre, attract 11% duty, which makes the imports financially unviable, the Cotton Association of India (CAI) said in a letter to Textile Minister Piyush Goyal
source https://www.livemint.com/companies/start-ups/byjus-seeks-easier-terms-on-1-2-billion-loan-as-losses-climb-11670440616444.html
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