April 1, 2026
Home Archive by category Industry (Page 11)
Industry

Textile PLI Scheme 2.0 Set To Boost MSMEs, Says CITI

The Confederation of Indian Textile Industry (CITI) has welcomed the announcement of the new Production Linked Incentive (PLI) Scheme for Textiles, termed PLI Scheme 2.0, unveiled on September 30. The updated scheme is expected to encourage wider participation and significantly benefit smaller entities across the textile ecosystem. CITI has long advocated for a more
Industry

How GST 2.0 Rate Cuts Will Strengthen India’s Textile And Apparel Value Chain

For the economy and the textile industry, GST 2.0 reforms are undoubtedly a landmark step. The reduction in manmade fibres from 18% to 5% and synthetic yarn from 12% to 5% will substantially strengthen the country’s textile industry while enhancing its competitiveness and stimulating consumption. Handloom, handicraft goods, yarns and carpets have also been shifted […]