x
X
Home > Research > In The News
Interim Budget 2024: Textile and apparel industry seeks tax incentives, infra boost for growth

A recent report by Confederation of Indian Industry and Primus Partners titled" Decadal Outlook for Textile Industry: Threads of Transformation for Textile Industry", reveals that that the textile industry's contribution to GDP is anticipated to double, reaching 5% from the current 2.3% by the year 2030. It emphasizes that providing budgetary incentives can play a crucial role in enhancing competitiveness within the sector. Read Now !