10 per cent import duty on cotton is a severe blow for cotton textile value chain.
SIMA appeals PM for withdrawal.
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The Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman presented the Union Budget 2021-22 in parliament today, which is the first budget of this new decade and also a digital one in the backdrop of unprecedented COVID-19 crisis.
The golden era has already begun. India stands to gain a lot now because China is almost done. They are no longer a big name in the market. Our population is also growing and especially there are more & more young men & women under 30, which obviously will boost consumption of textiles in the coming decade.