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GST 2.0 to reshape MMF textiles as sub 2500 garments face a demand surge
Business
Published on 24 April 2026
A key retail price band may finally revive buying momentum
GST 2.0 reforms are aimed at fixing GST-related anomalies at the fibre level, cutting costs through yarn and fabric stages, and improving overall garment affordability. By boosting demand at the retail segment—especially products priced under Rs 2,500—the changes are also expected to strengthen export competitiveness for the MMF textile industry.
- GST 2.0 targets fibre stage anomalies to improve MMF efficiency
- Cost reductions are expected at yarn and fabric stages
- Garment affordability is set to revive retail demand under Rs 2,500
- Reforms may enhance export competitiveness for MMF textiles
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times