India, Aug. 11 -- The Government of India has issued a release:
The Government has undertaken several initiatives to promote textile recycling, adoption of recycling technologies and the transition towards a circular economy in the textile sector:
i) In the Union Budget 2026-27, the Hon'ble Finance Minister announced the 'Tex-Eco Initiative' to promote a globally competitive and sustainable textiles and apparel sector. The initiative aims to support innovative technologies for the circular economy, including textile waste management, recycling and value addition, development of recycled fibres, new materials, sustainable packaging and other high-value products from discarded textiles, in collaboration with research institutions, Textile R...