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PLI scheme for textiles: A correct remedy at the right time
The Government of India’s approval for the Rs 10,683 crore Production Linked Incentive (PLI) scheme is expected to provide a shot in the arm for manmade fibre (MMF) and technical textiles sectors. Now the onus is on the industry to rise to the occasion, says Rakesh Rao.
Heralding positive changes
Easy availability of raw material, world-class textile machinery and other support services have made cotton the growth engine of the Indian textiles and clothing (T&C) industry
PLI scheme, a step in the right direction: ITTA AGM
The 10th Annual General Meeting of the Indian Technical Textile Association (ITTA) was held on December 16, 2020 through video conferencing under the Chairmanship of Dr Sundararaman KS, Chairman, ITTA.
Textile firms welcome PLI scheme; await clarity
On November 11, 2020, The Union Cabinet gave its approval to extend the production-linked incentive (PLI) scheme to textile products along with nine other new sectors entailing an additional financial outlay of Rs 1460 billion over a 5-year period.