The textile and garment industry is poised for renewed focus in Budget 2025, with reports suggesting financial support, tariff cuts, and incentives to promote local production.
Finance Minister Nirmala Sitharaman’s announcements will not only set the tone for India’s economic trajectory in the next fiscal year but also reflect the government’s commitment to addressing pressing issues such as inflation, unemployment, and industrial growth.
Ahead of the Union Budget 2025, the Confederation of Indian Industry (CII) has called for a reduction in excise duty on fuel, citing the need to spur consumption and bring down inflationary pressures.
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