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Inviting suggestions from industry leaders to strengthen the textiles sector globally, Union Minister for Textiles, Commerce & Industry and Consumer Affairs and Public Distribution, Piyush Goyal has said that Industry and Government are partners in India’s growth story & now, is the time to be a Global Champion in Textiles by taking up bigger & bolder targets.

Thanking the Pime Minister Narendra Modi and Finance Minister for the decision to defer the increase of tax slab from 5% to 12% for Textiles, taken in the 46th meeting of GST council, Goyal said that this is a new year gift for the Textile Industry. He added that the requests of industry stakeholders were considered in present challenging times when the sector is on the path of recovery. 

The Minister further mentioned that under Prime Minister, the textile sector has received a new boost to achieve Speed, Skill & Scale.  He also said “To make India Aatmanirbhar, we need to make our Artisans, Weavers, Farmers & MSMEs Aatmanirbhar”.