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-…
Latest Textile Expansion and Employment Scheme News & Updates
New Delhi, Feb 1 (IANS) Giving a thrust to ‘Make in India’ and domestic manufacturing, Finance Minister Nirmala Sitharaman on Sunday announced the launch of the India Semiconductor Mission (ISM) 2.0, while increasing the outlay for electronics component manufacturing to Rs 40,000 crore to strengthen local production and innovation.India’s Semiconductor Mission 1.0 expanded the country’s semiconductor capabilities, and building on this, the government will launch ISM 2.0 to produce equipm…