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Home > All news > FM Sitharaman chairs textile industry representatives’ meet on economic challenges

FM Sitharaman chairs textile industry representatives’ meet on economic challenges

September 3, 2025
Reading Time: 2 minutes

CHENNAI : Union Finance Minister Shri Nirmala Sitharaman chaired an interactive meeting with the representatives of the textile industry here in the backdrop of economic challenges affecting the sector, including concerns over the US tariff of 50 per cent.

India’s textile exports (to the US) accounted for 28 per cent (USD 11 billion) of the sector’s total exports, Federation of Indian Export Organisation (FIEO) represented by P Gopalakrishnan, Regional Chairman, FIEO (SR), said.

He sought financial relief measures, export incentives, GST support . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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