India’s textile industry is facing acute stress as raw material costs have surged 25–32 per cent, while yarn prices have risen only 12–15 per cent amid weak demand.
Nearly 40 per cent of units have cut or halted operations.
Supply disruptions, high freight, and labour issues deepen losses, prompting urgent calls for GST reform, duty relief, and subsidies to sustain operations and competitiveness.
Nearly 40 per cent of units have cut or halted operations.
Supply disruptions, high freight, and labour issues deepen losses, prompting urgent calls for GST reform, duty relief, and subsidies to sustain operations and competitiveness.
