Union Budget 2025, Feb. 1 -- Indian textile stocks surged in today's trade, February 01, after Union Finance Minister Nirmala Sitharaman in her budget speech announced a 5-year mission to facilitate improvements in productivity and sustainability of cotton farming.

"For the benefit of lakhs of cotton growing farmers, I am pleased to announce a 'Mission for Cotton Productivity'. This 5-year mission will facilitate significant improvements in productivity and sustainability of cotton farming, and promote extra-long staple cotton varieties. The best of science & technology support will be provided to farmers. Aligned with our integrated 5F vision for the textile sector, this will help in increasing incomes of the farmers and ensure a steady...