The Government of Tamil Nadu has been taking numerous policy initiatives and extending benefits to strengthen the global competitiveness of Tamil Nadu Textile Industry that accounts 1/3 rd textile business size of the country. The Textile Industry would play a key role in the State Vision of USD 1 Trillion Economy by 2031. The Hon’ble Deputy Chief Minister of Tamil Nadu, Thiru. Udhayanidhi Stalin released the Tamil Nadu Integrated Textile Policy 2025-26 on 29th January 2026 at the inaugural function of International Textile Summit 360, a 2 day maidan event organized by Government at Coimbatore.
The Interim Budget announced today by Hon’ble Minister of Finance, Thiru Thangam Thennarasu has allocated Rs.1,943 Crore exclusively for Handlooms & Textiles apart from allocating equal amount for MSME and Rs.4,282 Crore for Industries that would also benefit the Textile Industry.
In a Press Release issued here today, Mr Durai Palanisamy, Chairman,
The Southern India Mills Association (SIMA) has welcomed the Interim Budget and thanked Hon’ble Chief Minister, Thiru M. K. Stalin for giving a significant support for implementation of various policy measures included in the Integrated Textile Policy and encouraging modernization, infrastructure development and employment generation.
Mr. Durai has welcomed the allocation of Rs.6 Crore for establishing an Advanced Quality Testing Laboratory at the The South India Textile Research Association (SITRA), Coimbatore to promote athleisure and other technical textiles manufacturing in the State. He has stated that adequate funds had been allocated for establishing Handloom Parks, Modernisation of Powerlooms, Installation of Shuttleless looms, attracting new investment in processing technical textiles and garmenting. He also welcomed the proposal to release ‘New Integrated Renewable Energy Policy’ to enhance renewable energy capacity in the State, with a budget allocation of Rs.18,091 Crores.
