New Delhi, Feb 20 (IANS) After a year marked by resilience amid global headwinds, the outlook for the Indian textile industry is increasingly favourable, a senior government official has said, adding that key Free Trade Agreements (FTAs), now in place, are opening significant new market opportunities for Indian exporters, enhancing tariff competitiveness and strengthening India’s position in global value chains.Neelam Shami Rao, Secretary (Textiles), emphasised that the convergence of these tr…
Latest Tex-Eco Initiative News & Updates
New Delhi, Feb 1 (IANS) In the Union Budget 2026-27, Finance Minister Nirmala Sitharaman announced capital support for machinery, technology upgradation, and the establishment of common testing and certification centres to modernise traditional textile clusters.The government will set up “Mega Textile Parks in challenge mode” to provide integrated infrastructure, scale efficiencies, and value addition, an official statement said.These parks will also support growth in technical textiles, a high-…