
LNPR CAPITAL
June 12, 2025 at 03:14 AM
→ The Commerce Secretary chaired the first meeting of the Task Force on Textile Exports, focusing on export growth strategies, regulatory simplification, ESG upgrades, e-commerce, and compliance with EU sustainability norms.
→ Key discussions included boosting RoDTEP, RoSCTL, PM MITRA Parks, and providing support like interest subvention, certification aid, and collateral support for MSMEs.
→ Sub-task forces will be formed to deliver actionable recommendations, as India targets increasing textile exports from $36.61 billion in FY24 to $100 billion by 2031.
