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What Does Surat’s Textile Industry Expect from the Budget? 🧵💰 Asia’s largest textile hub, Surat, has high expectations from the upcoming budget. Traders have demanded a reduction in the 18% tax levied on lehengas priced above ₹2,500 and urged the government to promote domestic manufacturing of textile machinery. With an annual turnover of nearly ₹1.5 lakh crore, Surat’s textile industry believes that with strong government support, it can emerge as a powerful global competitor to China. [ Dils
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