At a time when job creation and global competitiveness dominate India’s economic priorities, Budget 2026 marks a decisive policy moment for the textile sector, with a clear focus on market expansion, modernisation, skill upgradation, and sustainability. Among the most significant announcements is the creation of the National Fibre Scheme, aimed at strengthening self-reliance in natural and emerging industrial fibres while reducing import dependence. Complementing this is the Textile Expansion and Employment Scheme, which seeks to modernise traditional clusters through capita...
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The signing of the economic partnership agreement
(EPA) with Japan marks a historic milestone in Ban
gladesh’s trade diplomacy, the Bangladesh Garment
Manufacturers and Exporters Association (BGMEA) said.
The EPA represents not o...
Canada has continued to stand out as a bright spot
for Vietnam’s textile and garment exports despite
ongoing tariff challenges, with growth estimated at
around 10 per cent in 2025 to over VN?1.3 billion, mostly
thanks to advant...
The Cotton Corporation of India Ltd. (CCI), a Pub
lic Sector Undertaking under the Ministry of Textiles,
presented a dividend cheque of Rs. 8.89 crore for the
f
inancial year 2024–25 to the Union Minister of Textiles,
Shri Gi...
As the India ITME Society nears its 46th anniversary, continuing its legacy as a cornerstone of India’s textile machinery landscape since 1980, R.K. Tripathi of Communion engages in an exclusive interaction with Executive Director Dr. Seema Sr...
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Union Minister for Finance and Corporate Affairs, Smt.
Nirmala Sitharaman tabled the Union Budget 2026
27 in the parliament. The highlights of the budget are as
follows:
The first Budget prepared in Kartavya Bhawan, is inspired