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Corporate Update

Post-Budget, MoT Pushes For TEEM And Tex Eco

The Ministry of Textiles held its first post-budget National Industry Consultation on 19 February 2026, uniting government officials, industry leaders, and stakeholders to operationalise the Textile Expansion and Employment (TEEM) Scheme and Tex Eco Initiative. The session highlighted production modernisation, MSME support, sustainability, circularity, and global competitiveness. Rohit Kansal underscored the textile-focused Union Budget’s investment and employment push, while Neelam Shami Rao emphasised new free trade agreements expanding export opportunities. Interactive discussions led to practical recommendations on approvals, financing, skilling, and green manufacturing. The consultation concluded with a shared commitment to position India as a credible, competitive, and sustainable global textile hub.

Rohit Kansal underscored the textile-focused Union Budget’s investment and employment push, while Neelam Shami Rao emphasised new free trade agreements expanding export opportunities. Interactive discussions led to practical recommendations on approvals, financing, skilling, and green manufacturing. The consultation concluded with a shared commitment to position India as a credible, competitive, and sustainable global textile hub.

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