<h1>Government Boosts Textile Industry with Policy Support, Funding, and Skill Development to Drive Growth and Innovation.</h1> The government is committed to supporting the textile industry by providing a conducive policy environment to enhance growth, research, and innovation, as stated by the Finance Minister during the Tex-Trends India inauguration. The Union Budget 2010-11 introduced initiatives like increased funding for the Cotton Technology Mission and integrated textile parks, along with a 2% interest subvention for certain exports. A skill development program aims to train 3 million individuals over five years. The sector, significant for employment and exports, benefits from 100% FDI under the automatic route, making it attractive for investments. The government emphasizes inclusive growth and financial inclusion for rural textile sectors.