<h1>Government Boosts Textile Industry with Mega Parks, Powertex, and FDI Policies Supporting Local MSMEs.</h1> The government is promoting domestic textile clusters through initiatives like the proposed Mega Textiles Parks and schemes such as Powertex and the Amended Technology Upgradation Fund Scheme. These efforts aim to strengthen the textile value chain, including fibre, yarn, and fabric. The government has removed the anti-dumping duty on PTA, a crucial raw material for MMF fibre and yarn production. The Foreign Direct Investment policy mandates that a portion of sourcing for Single and Multi Brand Retail trading comes from Indian MSMEs and local industries. This information was disclosed by the Minister of Textiles in a Rajya Sabha session.