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Indian Textile Journal
Home » Balaji Kannan: Budget 2026 presents a pivotal opportunity to fuel sustainable consumption-led growth
Industry Update

Balaji Kannan: Budget 2026 presents a pivotal opportunity to fuel sustainable consumption-led growth

Divya SBy Divya SJanuary 28, 20261 Min Read
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As India’s vibrant D2C fashion ecosystem accelerates in FY26, Budget 2026 presents a pivotal opportunity to fuel sustainable consumption-led growth. Enhancing working capital access through MSME schemes, amplified PLI 2.0 allocations for textiles to supercharge tech adoption and zero-waste manufacturing coupled with cotton import duty exemptions and PM MITRA Park fast-tracking – these measures will empower homegrown brands to compete globally while boosting jobs and exports—aligning perfectly with Viksit Bharat’s vision.

This view is presented by Balaji Kannan, Chief Financial Officer, VIRGIO

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