In 2024, the global textile and apparel (T&A) market was valued at approximately $875 billion, with apparel dominating the trade, accounting for around 60 per cent…

The finance minister expanded the list of fully exempted textile machinery by including two types of looms to boost domestic production of technical textile products. Nirmala…

This budget brings a much-needed boost for MSMEs, making it easier for small businesses to access credit and scale up. Expanding the credit guarantee cover for…

Confederation of Indian Textile Industry (CITI) welcomes the Union Budget 2025-26 which reflects the Government’s commitment to strengthening India’s textile and apparel sector. The budget witnessed…

The Union Budget 2025-26 sets a transformative course for India’s textile industry, highlighting a commitment to strengthening manufacturing and boosting exports. Key initiatives, such as the…

To protect domestic manufacturers, the customs duty on knitted fabrics has been revised to 20 per cent or Rs 115 per kilogram, whichever is higher.  The…

The Union Budget for FY 2025-26 introduces key reforms to promote domestic production of technical textile products such as agro textiles, geo textiles and medical textiles…