The budget has proposed to allow SEZ units to sell in the Domestic Tariff Area at concessional rates of duty as a one-time measure. | Photo Credit: MANSI THAPLIYAL

The Manmade and Technical Textiles Export Promotion Council (MATEXIL) expects the proposed National Fibre Scheme for natural fibres, manmade fibres and new age fibres will make domestic companies more competitive and boost exports.

Shaleen Toshniwal, Chairman, MATEXIL, said the scheme will certainly address the requirements of fibres needed for the textile and clothing sector and help achieve the export target of $100 billion by 2030.

The proposed Textile Expansion and Employment scheme to modernise traditional clusters with capital support for machinery, technology upgradation and common testing and certification centres will go a long way in facilitating the manmade fibre textiles and technical textiles to produce value added products and adapt to the requirements of the export markets, he said.

MSMEs play a significant role in exports of manmade fibre textiles and technical textiles and the proposed support in the Budget will encourage MSME exporters to scale up and increase their production capacity, he added.

The budget has proposed to allow SEZ units to sell in the Domestic Tariff Area at concessional rates of duty as a one-time measure. This will provide the much needed relief to the SEZ units which are grappling with under utilisation of capacity due to adverse global ecosystem and higher tariff rates in leading export markets, said Toshniwal.

Other measures such as the introduction of the new Income Tax Act with simplified rules and forms and rationalisation of the customs warehousing framework and seamless cargo clearance through a single and interconnected digital window will promote ease of doing business, he said.

Further, he added that the complete removal of the current value cap of ₹10 lakh per consignment on courier exports will promote exports through e- commerce.

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Published on February 2, 2026