New Delhi, Feb. 3 -- The Indian textile and apparel sector has responded positively to the recent Union budget announcements, with industry leaders particularly applauding the introduction of the Mission on Cotton Productivity.

This strategic initiative comes with a substantial allocation of Rs 600 crore aimed at enhancing cotton productivity and sustainability.

Vijay Agarwal, Chairman, Cotton Textiles Export Promotion Council's expressed optimism about the new Export Promotion Mission, highlighting its potential to facilitate crucial inter-ministerial coordination.

The Council maintains its confidence in reaching its ambitious target of USD 25 billion in cotton textile exports by 2030.

Industry stakeholders view the budget as a catal...