September 5, 2025 12:37 PM
GST reforms to help textiles sector reach $350 billion by 2030: Govt
The next-generation GST reforms mark a historic leap forward for India’s textile sector, serving as a catalyst for the country’s journey towards becoming a $350 billion textile economy by 2030, the government has said. The Ministry of Textiles reaffirmed its commitment to work closely with industry stakeholders, exporters, artisans, and entrepreneurs to ensure the smooth implementation of these reforms. According to the ministry, the landmark measures are expected to reduce costs, remove s...