We welcome the recent GST reduction on Manmade Fibre Textiles, bringing Fibres from 18% to 5% and Yarns from 12% to 5%.
This strategic move will significantly reduce costs, enhance industry competitiveness, and strengthen India’s position in the global textile value chain.
We extend our gratitude to Prime Minister
@narendramodi Ji, along with Union Finance Minister
@nsitharaman Ji & Union Commerce & Industry Minister
@PiyushGoyal Ji, and Union Textile Minister
@girirajsinghbjp ji for their unwavering support.
We also acknowledge Secretary Textiles Neelam Shami Rao ji , Additional Secretary Textiles
@kansalrohit69 ji, and officials for their dedicated efforts. Together, we are committed to building a self-reliant, resilient textile industry aligned with India’s vision of Viksit Bharat.
Director, Dodhia Group,
Co-Chairman, Bharat Tex,
IPC,
@Matexil_Srtepc
#TextileLeadership #GSTReform #IndiaAtItsBest