PDEXCIL on Union Budget 2026–27, Highlights Support for Powerloom Industry

The Powerloom Development & Export Promotion Council (PDEXCIL) has welcomed the Union Budget 2026–27 presented by Finance Minister Smt. Nirmala Sitharaman, noting its focus on strengthening the textile value chain and addressing the needs of the powerloom segment.

The Budget, positioned as part of the long-term development vision for Viksit Bharat @2047, outlines several initiatives intended to enhance raw material security, modernise production clusters, promote sustainability and improve workforce skills across the textile industry.

K. Sakthivel, Chairman, PDEXCIL, stated: “This forward-looking Budget aligns perfectly with Hon’ble Prime Minister Shri Narendra Modi ji’s vision for a self-reliant and export-driven India. We extend our deepest gratitude to Hon’ble Textiles Minister Shri Giriraj Singh ji for championing the sector through the Integrated Textile Programme—a comprehensive 5-pillar initiative tailored for powerloom growth:

National Fibre Scheme for self-reliance in silk, wool, jute, man-made, and new-age fibres, ensuring raw material security for powerloom clusters.

Textile Expansion & Employment Scheme to modernize traditional powerloom hubs with capital support for machinery, technology upgrades, and common testing/certification centres.

National Handloom & Handicraft Programme integrating schemes for weavers and artisans, bolstering powerloom value chains.

Tex-Eco Initiative promoting sustainable, globally competitive textiles—key for eco-friendly powerloom exports.

Samarth 2.0 upgrading skilling via industry-academia partnerships to build a future-ready workforce.”

Mr. Sakthivel further applauded the Mega Textile Parks in challenge mode and the Mahatma Gandhi Gram Swaraj Initiative for global branding of khadi, handloom, and handicrafts—unlocking new export avenues for powerloom products.

Highlighting trade facilitation reforms, he praised:

Removal of the ₹10 lakh cap on courier exports, empowering small powerloom exporters and artisans.Trust-based Customs processes with digital appraisals, e-sealing, and simplified clearances to cut delays and costs.One-time SEZ-to-DTA sales at concessional duty to utilize idle capacities amid global disruptions.Extension of export window for textile garments from 6 months to 1 year.“These measures, alongside SME liquidity boosts via TReDS, ₹10,000 crore Growth Fund, and legacy cluster revivals, will drive employment, competitiveness, and exports in our labour-intensive powerloom ecosystem,” added Mr. Sakthivel.