Surat’s textile industry has raised concerns over a sharp increase in yarn prices and delays in Goods and Services Tax (GST) refunds, urging the Centre to intervene as rising costs put pressure on manufacturers and allied segments. Industry representatives raised the issues during a
The Indian Textile Ministry is likely to see a marginal increase of 2.5 percent in its budget allocation for fiscal 2024-25 over the Rs 4,389 crore allocated in the current fiscal. “This increase, though modest, aligns with the government’s commitment to establish India as a key global player in the textile industry. However, the limited […]














