India Budget 2025-26: What's in store for India's textile industry?
03 Feb '25
4 min read
India Budget 2025-26: What's in store for India's textile industry?
Insights
India Budget 2025-26 boosts textiles with a **7***.**7** per cent higher allocation, focusing on cotton productivity, technical textiles, and skill development.
Key measures include ₹*** crore for technology upgrades, customs duty exemptions for shuttle-less looms, and higher tariffs on knitted fabric imports to aid local producers.
ATUFS expansion and export-friendly policies support industry growth.
Industry anticipated that the Union Budget ****-**** would focus on several critical areas, including:
New developments in the textile industry
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