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2026-03-27 07:32:46 -

GST 2.0-Cheaper clothes under 2,500 and a boost for Indias textile industry

India's textile industry is poised for significant growth following GST reforms effective September 2025. These changes address the inverted duty structure, reducing input costs for synthetic textiles and benefiting MSMES. Lower taxes on affordable apparel are expected to boost domestic consumption, while exports of handicrafts gain competitiveness. If fashion is where art meets utility,...

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