The Union Budget 2026-27 unveiled a comprehensive five-part strategy to empower labor-intensive textiles, featuring the National Fibre Scheme and upgraded ‘Samarth 2.0’ for cutting-edge skill development. The ‘Mahatma Gandhi Gram Swaraj’ push will fortify khadi and handloom traditions, while a ₹10,000 crore SME Growth Fund aims to transform small enterprises into market champions. Surat textile leader and CAIT National Chairman Champalal Bothra warmly welcomed these game-changing measures for the industry’s future.
