"Textile Manufacturing Codes Added to List for 7.6% Social Security Contributions"

23:46; 29 January 2026 year

The Russian Ministry of Industry and Trade Proposes Reduced Insurance Contributions for Light Industry Anton Aliханов, head of the Russian Ministry of Industry and Trade, announced during a parliamentary hearing in the State Duma that the ministry is proposing a reduced insurance contribution rate of 7.6% for all activities in the light industry sector. (Light industry refers to the production of textiles, clothing, footwear, leather goods, and similar products.) Currently, similar tax breaks are available for IT companies, radio electronics firms, and small and medium-sized processing industries. According to the minister, the potential loss in budget revenue from extending this support measure is expected to be minimal—calculations made in collaboration with the Federal Tax Service suggest it will not exceed 1 billion rubles. The ministry also plans to focus on enhancing the mechanism for subsidizing equipment leasing for light industry enterprises. Aliханов highlighted that business interest in this program consistently exceeds the allocated funding. Therefore, the ministry proposes increasing the budget for this program: from 648.5 million rubles planned for 2026 to 1.5 billion rubles in subsequent years. Aliханов also mentioned the long-term development goals for the sector. The strategy approved in 2020 aims to achieve a 50% share of domestic products in the market by 2035. Currently, the share has already reached approximately 45%. In some segments, the industry has surpassed earlier targets: textile product shipments have exceeded 2030 targets by 33%, and specialized clothing by 67%. In the third quarter, the ministry plans to approve an updated strategy, with the primary goal being to increase the share of Russian products in the domestic market to 65% by 2036.

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