31 January 2023, Mumbai
The Indian apparel/garment industry is hoping the budget offers some relief.
The industry is seeing rough times due to costlier raw materials and global economic challenges. ...
01 February 2022, Mumbai:
In order to stimulate apparel exports, the Apparel Export Promotion Council has asked the government to eliminate import duties on cotton in the 2019 Unionbudget. In an interview ...
... best the policy intervention at this juncture can catalyze harnessing this when we are sitting for the announcement of UnionBudget 2022.
The PM’s Office alluded as has been over & over and again that," I ...
... are some of the highlights of the UnionBudget for the financial year 2021-22.
Finance Minister, Nirmala Sitharaman allocated Rs 15,700 crore for the Ministry of Micro, Small and Medium Enterprises (MSME) ...
Raja M Shanmugham, President, The Tirupur Exporters Association (TEA) appreciated the UnionBudget 2021-22 as being pragmatic, addressing issues of all sectors at a time when the Indian economy is getting ...
... service.
The broader ecosystem is also receiving policy support. The 19 per cent increase in UnionBudget 2025-26 allocation for the Ministry of Textiles is expected to strengthen supply-chain modernization, ...
... reforms. The 2026–27 UnionBudget has already integrated regional clusters into a unified National Handloom and Handicraft Program, providing Rs 1,500 crore for infrastructure and digital market linkages. ...
... buyers. Challenged by the inherent volatility of raw material costs, the firm is leveraging recent UnionBudget textile schemes – designed to stabilize fiber pricing - to protect its margins. With a current ...
... with the Union government's broader allocation of 5,000 crore to construct similar unity malls across all states, reinforcing the national commitment to the Vocal for Local and Make in India movements. ...
...
Policy reforms to neutralize logistic and regulatory headwinds
To realize this $1 trillion merchandise ambition, the UnionBudget 2026-27 has introduced critical reforms to dismantle long-standing ...
27 January 2025, Mumbai
The Indian apparel retail industry is on tenterhooks awaiting the UnionBudget 2025-26, hoping for measures to revitalize the sector amidst slowing demand and global economic ...
As the UnionBudget 2026 looms on February 1st, headlines are dominated by the fallout from US-China trade tensions, fluctuating export tariffs, and global supply chain recalibrations. Yet, beyond the ...
01 February 2026, Mumbai
In a landmark move for India’s second-largest employer, the UnionBudget 2026-27 has unveiled a comprehensive transformation roadmap aimed at revitalizing the domestic textile, ...
01 February 2025, Mumbai
Finance Minister Nirmala Sitharaman announced a comprehensive set of measures during the 2025-26 Budget presentation aimed at revitalizing India's labor-intensive footwear and ...
We welcome the Finance Minister’s Budget 2026-27 and the comprehensive measures announced for India’s textile value chain. The package signals a clear, outcomes-oriented intent to modernise the sector, ...
... alongside the UnionBudget 2026-27, which has established the National Handloom and Handicraft Program to unify fragmented schemes into a single, high-impact framework. With India currently producing approximately ...