Union Minister Smriti Irani thanked for the Rs 6,226.50 crore provision in the Budget for textiles. She further added that the Rs 1,555-crore outlay in the Budget for remission of state levies will “greatly benefit” exports in the garments and made-ups segment of textiles.
Irani said that for the first time, the Budget has provided Rs 200 crore under PM Paridhan Rojgar Yojna to boost employment in the garment segment.
The decrease of 2.5 percent in Customs duty on nylon mono filament yarn will have a positive impact on the fishing net export market.
Besides, the reduction in corporate tax for MSME units with turnover of up to Rs 50 crore will benefit large number of textiles units.
It will also provide a major boost to exports and employment, especially for women.
Researchers at the University of Fukui have developed a method that could simplify the recycling of coloured polyester textiles by…
Sabrina Mostafa has highlighted rice husk as a low-cost alternative to conventional decolouring agents for textile wastewater treatment in Bangladesh.
Living Ink Technologies has been named among TIME magazine’s Best Inventions of 2026 in the Sustainability category for its Algae…
Polyester filament yarn manufacturers across North and Central America have launched YarnProof, an origin verification system powered by FibreTrace technology.
Cotton Brazil has launched ‘Hanging by a Thread’ movement, highlighting concerns about microplastics and encouraging greater consideration of natural fibres.
Wrangler has introduced a fleece outerwear collection featuring Hay Away, a fabric technology to prevent hay and grass from clinging…