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Chairman, TEXPROCIL Welcomes Union Budget 2023-24
Shri Sunil Patwari, Chairman – TEXPROCIL Mumbai (Maharashtra) [India], February 4: “Union Budget 2023-24 is a growth-oriented and an employment intensive Budget that will enhance the economy of India. The reforms announced in the Union Budget 2023-24 will bring major relief for MSMEs in the Textile Sector, helping them to steadily compete in the global […]
Shri Sunil Patwari, Chairman – TEXPROCIL
Mumbai (Maharashtra) [India], February 4: “Union Budget 2023-24 is a growth-oriented and an employment intensive Budget that will enhance the economy of India. The reforms announced in the Union Budget 2023-24 will bring major relief for MSMEs in the Textile Sector, helping them to steadily compete in the global markets,” said Shri Sunil Patwari, Chairman of The Cotton Textiles Export Promotion Council (TEXPROCIL).
The Chairman appreciated the Government for proposing the creation of new tariff lines for several products including Cotton, as it will facilitate trade. Similarly, the productivity of Extra Long Staple Cotton (ELSC) shall be enhanced through a cluster-based and value chain approach adopted by the Government through Public Private Partnerships (PPP). This will mean collaboration between farmers, state and industry for input supplies, extension services, and market linkages, which is a welcome step, he added.
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