Technical Textiles News - Latest Updates & Headlines
PLI scheme for textiles being implemented nationwide: Ministry of Textiles
New Delhi, March 21: The government is implementing the Production Linked Incentive (PLI) Scheme for Textiles on a Pan India basis, including Odisha, said the Ministry of Textiles.
Budget provisions will boost technical textile market which stands at USD 29 bn: Rubix Report
New Delhi, February 11: The technical textiles market in India, worth USD 29 billion in 2023-24, is set for significant expansion, fuelled by Budget 2025's increase in Basic Customs Duty (BCD) on knitted fabrics and tax breaks for textile machinery, according to Rubix Data Sciences, an analytics services provider.
India aims USD 10 billion worth of technical textile exports: MoS Pabitra Margherita
New Delhi, February 9: The central government aims to target the export of USD 10 billion worth of technical textiles under its National Technical Textiles Mission, MoS textiles Pabitra Margherita informed Rajya Sabha this week.
Budget allocates 19 p.c. outlay increase at Rs 5,272 crore for Ministry of Textiles in FY26
New Delhi, Feb 1: The Union Budget on Saturday announced a 19 per cent increase in the Budget Estimates for the Ministry of Textiles for 2025-26 at Rs 5,272 crore over budget estimates of Rs 4,417.03 crore in 2024-25.