India, Aug. 19 -- The Government of India issued the following news release:
The government has introduced some of the measures including following in the union Budget 2025-26 to support manufacturing in textiles and traditional sector like handicraft including SC, ST, and OBC artisans:
To promote domestic production of technical textile products such as agro-textiles, medical textiles and geo textiles at competitive prices, addition of two more types of shuttle-less looms to the list of fully exempted textile machinery has been made. The BCD rate on knitted fabrics covered by nine tariff lines from "10% or 20%" to "20% or ' 115 per kg, whichever is higher" is also introduced
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