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Investing in India s Textiles Sector: Key Points for Foreign Investors

Investing in India s Textiles Sector: Key Points for Foreign Investors
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Budget 2021 to enhance India s growth in manufacturing, trade: Commerce Secy

Union Finance Minister Nirmala Sitharaman tabled the Union Budget 2021-22 on February 1, 2021 Mega Investment Textiles Parks (  |  Photo Credit: Twitter Commerce Secretary Dr Anup Wadhawan on Wednesday said that the Budget for 2021-22 extensively envisages several initiatives and areas of focus, aimed at enhancing India’s overall competitiveness and manufacturing capacities, which would enable growth, diversification and technological enhancement of India’s exports. These cover both ease of doing business in the area of approvals and procedures, and the physical environment for investment, targeting a plug and play eco-system for investors. Briefing the media on the Budget 2021-22 initiatives, he said that one primary area of focus is the creation of a robust infrastructure, logistics and utilities environment for the manufacturing sector.

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