Tag: Budget 2025
Budget 2025: Key takeaways for India’s textile industry
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. ... Read More
Rajeev Gupta: The inclusion shuttle-less looms in fully exempted textile machinery is a progressive step
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 ... Read More
Nirmala Sitharaman: Extra long staple cotton production to get a boost
India heavily relies on imports for ELS cotton, which has fibre lengths exceeding 35 mm and is widely used in the production of premium-quality fabrics. ... Read More
Mihir V Shah: The Manufacturing Mission will further the cause of Make in India
It is a fabulous budget with the focus on meeting the aspirations of the booming middle class. The Manufacturing Mission that the Hon’ble minister has ... Read More
Santosh Katariya: I hope the advantages of the Budget 2025 are not nullified with increase in GST rates
Although no significant benefit or Scheme has been announced for the Textile Industry as such, I see a huge benefit for the Industry from two ... Read More
Sanjay Jain: We are pleased with the inclusion of enhancing ELS Cotton Productivity in the Budget 2025
Union Budget 2025 has placed a great impetus on boosting the national manufacturing for small, medium, and large industries; the domestic textile industry will be ... Read More
Economic Survey 2024-25 highlights balanced growth prospects for India
While the Survey acknowledges potential headwinds such as geopolitical uncertainties, trade disruptions, and possible commodity price shocks, it also highlights several domestic growth drivers. Nirmala ... Read More