India, Feb. 2 -- The 2026-27 Union Budget introduces initiatives to bolster India's textile sector, focusing on self-reliance & global competitiveness.

Key measures include the National Fibre Scheme, Textile Expansion and Employment Scheme and Mahatma Gandhi Gram Swaraj Initiative

All are aimed at enhancing production, modernising clusters and supporting artisans.

The Union Budget for 2026-27 has announced a series of new initiatives aimed at strengthening India's textile, handloom and handicraft sectors, with a focus on boosting self-reliance, employment and global competitiveness.

Presenting the budget on February 1, 2026, Union Finance Minister Nirmala Sitharaman introduced the National Fibre Scheme, which seeks to promote self-rel...