Tag: textile budget
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
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
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