Union Budget 2025 – Progressive and Growth-Oriented – Chairman, MATEXIL
Mumbai (Maharashtra) [India], February 06: The Hon’ble Union Finance Minister announced the Union Budget for 2025 on 1st February. Commenting on the Budget, Bhadresh Dodhia, Chairman, MATEXIL (Manmade and Technical Textiles Export Promotion Council), stated, “The Budget is Positive, Pragmatic, Growth-oriented and in line with contemporary requirements and is well-positioned to drive growth in the textiles sector.” One of the key highlights of the Budget is the revision of classification criteria for MSMEs, both in terms of investment and turnover. Dodhia pointed out that nearly 80% of the textiles sector operates within the MSME clusters, and this revision would empower these units to achieve scale, enhance competitiveness, and contribute significantly towards making India a global manufac
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