India’s union budget 2025: Key demands from the textile industry

India’s union budget 2025: Key demands from the textile industry

As India anticipates the Union Budget 2025, the textile industry is looking for a comprehensive and forward-thinking policy framework that will address its pressing issues and unlock growth potential. The sector, which is a significant contributor to the Indian economy, employing millions and generating substantial export revenue, is facing several challenges that stakeholders hope will be addressed in the upcoming budget. The textile industry has been grappling with several challenges, including:

As the Union Budget draws nearer, the Indian textile industry is hoping that the government will address these issues and provide much-needed relief and reforms. Key demands include:

India’s textile industry holds immense potential to grow and create more jobs, but it needs a supportive policy environment to thrive. As the Union Budget 2025 approaches, all eyes are on the Finance Minister to see if the government will meet these expectations and create a more favorable climate for this vital sector. Industry experts believe that if the budget delivers the right reforms, the textile sector can increase its global market share, improve domestic production, and contribute significantly to India’s economic growth in the coming years.

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