Tag: Budget 2025
India’s Technical Textiles market at $29 billion, budget 2025 fuels growth: Report
Government initiatives such as the PLI scheme, PM MITRA parks, and quality control mandates are also playing a crucial role in positioning India as a ... Read More
Shrestha Kukreja: An increase in Customs duty rates on certain knitted fabrics poses a challenge
This year’s budget gives a strong push to the textile sector, with allocations rising from Rs 33.42 billion to Rs 52.52 billion, clearly reflecting the ... Read More
Akhil Jain: An increase in Customs duty rates on certain knitted fabrics poses a challenge
India’s retail apparel and fashion industry was looking forward to the Union Budget with a lot of anticipation and optimism. The Budget aims to accelerate ... Read More
Budget 2025: Funding for textile upgradation tech sees a 48% boost
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. ... Read More
ZYOD: The deep tech fund for startups will fuel innovation
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 ... Read More
Rakesh Mehra: The introduction of a new tax regime is expected to increase disposable incomes
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 ... Read More
Vinay Thadani: Mission for Cotton Productivity promises to revolutionise cotton farming
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 ... Read More