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Tamil Nadu Unveils Rs 1,943 Cr Textile Boost & New Policy for $1 Trillion Goal

The Tamil Nadu government has launched the Integrated Textile Policy 2025-26 to enhance the global competitiveness of a sector that forms one-third of India's textile business. The state's interim budget has allocated Rs 1,943 crore specifically for handlooms and textiles to support this vision. Industry representatives have welcomed the budget, highlighting funds for modernisation, a new quality testing lab, and handloom parks. The policy is a strategic initiative to drive economic growth, supporting the state's ambitious target of becoming a $1 trillion economy by 2031.

Key Points: Tamil Nadu Textile Policy 2025-26: Rs 1,943 Cr Budget Allocation

  • New Integrated Textile Policy 2025-26 unveiled
  • Rs 1,943 crore budget for handlooms & textiles
  • Aims to boost state towards $1 trillion economy
  • Funds for modernisation and quality testing lab
  • Supports renewable energy policy for sector
2 min read

Tamil Nadu unveils Integrated Textile policy 2025-26; allocates Rs 1,943 cr for handlooms and textiles in Interim budget

Tamil Nadu allocates Rs 1,943 crore for textiles, launches new Integrated Textile Policy 2025-26 to drive growth towards a $1 trillion economy.

"giving significant support for the implementation of various policy measures - Durai Palanisamy, SIMA"

Coimbatore, February 17

The Government of Tamil Nadu has been implementing a series of strategic policy initiatives and extending targeted benefits to enhance the global competitiveness of the state's textile industry, which constitutes one-third of India's total textile business.

Recognised as a key driver of economic growth, the textile sector is poised to play a pivotal role in realising Tamil Nadu's vision of achieving a USD 1 trillion economy by 2031.

According to the release, Tamil Nadu Deputy Chief Minister Udhayanidhi Stalin unveiled the Tamil Nadu Integrated Textile Policy 2025-26 on January 29 at the inaugural function of the International Textile Summit 360, a two-day maiden event organised by the government in Coimbatore.

The Interim Budget announced today by Minister of Finance Thangam Thennarasu has allocated Rs 1,943 Crore exclusively for Handlooms and Textiles, apart from allocating an equal amount for MSMEs and Rs 4,282 Crore for industries that would also benefit the textile industry.

In a press release issued here today, Durai Palanisamy, Chairman, The Southern India Mills Association (SIMA), has welcomed the interim budget and thanked Tamil Nadu Chief Minister M.K. Stalin for giving significant support for the implementation of various policy measures included in the Integrated Textile Policy and encouraging modernisation, infrastructure development, and employment generation.

Durai has welcomed the allocation of Rs 6 Crore for establishing an Advanced Quality Testing Laboratory at the South India Textile Research Association (SITRA), Coimbatore, to promote athleisure and other technical textile manufacturing in the state.

He has stated that adequate funds have been allocated to establish Handloom Parks, modernise Powerlooms, install shuttleless looms, and attract new investment in processing technical textiles and garmenting.

He also welcomed the proposal to release the 'New Integrated Renewable Energy Policy' to enhance renewable energy capacity in the State, with a budget allocation of Rs 18,091 crores.

- ANI

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Reader Comments

P
Priya S
As someone from Coimbatore, I'm thrilled to see our city hosting the summit and getting the advanced testing lab. This will really help local MSMEs compete with international quality standards. Good step forward!
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Rohit P
Rs 1,943 crore is a significant amount. My only concern is the implementation. We've seen good policies before, but the benefits often get stuck in bureaucracy. Hope there's a transparent mechanism to track where this money goes.
M
Meera T
Focusing on athleisure and technical textiles is very smart. The global market is shifting. This can create high-skilled jobs for our youth. The renewable energy push alongside it shows holistic thinking. 👍
D
David E
Interesting read. The scale of investment is impressive. If Tamil Nadu can successfully modernize its textile base while integrating renewable energy, it could become a global case study for sustainable industrial policy.
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Siddharth J
Handloom parks and modernising powerlooms are much needed. Our traditional weavers are artists. This support should preserve their craft while giving them better tools and market access. Jai Hind!

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