Ministry of Textiles Holds First Post-Budget Industry Consultation
Industry Backs Textile-Centric Budget, TEEM and Tex Eco in Focus
The Ministry of Textiles held its first post-budget National Industry Consultation at Vanijya Bhawan, New Delhi on February 19, 2026, bringing together senior officials, industry leaders, financial institutions and stakeholders from across the textile value chain.
The meeting focused on implementing two major union budget 2026 initiatives, the Textile Expansion and Employment (TEEM) Scheme and the Tex Eco Initiative, aimed at boosting competitiveness, modernisation, sustainability and job creation in the textile and apparel sector.
Rohit Kansal, Additional Secretary (Textiles) said the budget places textiles at the centre of India’s manufacturing and employment growth strategy. He highlighted that the integrated programme provides a structured framework to align investments, policy support and institutional efforts across the value chain.
Secretary (Textiles) Neelam Shami Rao noted that despite global headwinds over the past year, the industry outlook is improving. She pointed out that newly operational Free Trade Agreements are enhancing India’s tariff competitiveness and global market access. Combined with the textile-focused budget, she said the sector is well-positioned to scale production, attract investment and expand exports.
A detailed roadmap under the TEEM Scheme outlined plans to modernise weaving, processing and garmenting segments, strengthen MSME participation, mobilise investments and generate large-scale employment. The Tex Eco Initiative aims to mainstream sustainability, circularity, resource efficiency and green manufacturing practices.
Industry stakeholders welcomed the integrated approach and offered recommendations including time-bound approvals, improved MSME financing, cluster infrastructure development, targeted skilling, digital monitoring and sustainability-linked incentives. Participants also called for stronger alignment with state policies and export promotion measures.
