CITI hails QCO revocation as fibre, yarn prices ease

The Confederation of Indian Textile Industry (CITI) is pleased to note that the revocation of multiple Quality Control Orders (QCOs) on key raw materials for the textile and apparel sector has already begun to show a positive impact, with local prices of these items exhibiting a downward trend since the measure was announced in November 2025.

According to information received from industry members, the price of Polyester Staple Fibre (PSF) has decreased by ₹4 per kg. The price of Lyocell Fibre has gone down by 3 per cent. The prices of Yarn have also corrected accordingly.

“At CITI, we have always maintained that the rescinding of the QCOs will have a significant beneficial effect on the textile and apparel industry and contribute to improving the global competitiveness of the country’s textile and apparel sector,” CITI chairman Ashwin Chandran said.

“The domestic price corrections that we have seen within such a short period of the revocation of the QCOs testify to this belief of ours,” Chandran added.

A significant benefit of the QCO revocation is the freedom that domestic spinning mills have now gained to source specialty and value-added fibres from global markets. Mills can now diversify product offerings by importing fibres such as Angelic and other exotic fibres, Cationic polyester fibres, and Specialty viscose and blended fibres.

This flexibility permits Indian textile and apparel manufacturers to move beyond commodity products and participate in high-value, niche, and performance textile segments, which are increasingly in demand in international markets.

“In the backdrop of opportunities opening through the FTAs already signed by India and those on the anvil, the revocation of QCOs will further improve price realization for textile and apparel exporters, result in higher order conversions from global buyers, and lead to better capacity utilization by textile and apparel industry companies,” Chandran said in a release.

“By extension, the rescinding of the QCOs proactively support efforts to achieve the national target of achieving textile and apparel exports worth $100 billion by 2030,” the CITI Chairman added.

In December 2025, India signed the Comprehensive Economic and Partnership Agreement (CEPA) with Oman and concluded FTA negotiations with New Zealand. In July, India signed the Comprehensive Economic and Trade Agreement (CETA) with the United Kingdom.

India is also in advanced stages of FTA-related discussions with the European Union, among others. Talks on a Bilateral Trade Agreement (BTA), moreover, are ongoing with the United States. India’s textile and apparel exports stood close to $38 billion in the financial year 2024-25.

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

ALCHEMPro News Desk (HU)