Budget offers upgradation for textiles - Mr.Suresh
28 Feb '07
1 min read
Union Budget has been favorable to most industries, especially textiles. Most of the major industry players consider this budget satisfactory.
Mr.Suresh, PA of Southern India Mills Association,(SIMA) Secretary General Dr.K.Selvaraju, beamed at the overall outcome of the budget.
He told Fibre2fashion, "I will welcome this budget.
Extension of TUF scheme will be beneficial. We will have more opportunities for upgradation and expansion.
According to me, capacity building is most important. Before 2009 India has to build capacity to compete with global market. We have lot of opportunities to grow through this budget," said Dr.Selvaraju.
"It (SIMA) is second largest association, employing 14 million people with the growth of 194 crores," he said.
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