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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
ITTA & SIMA hail PLI scheme for textiles industry
Cotton has been the engine of growth for the Indian textiles and clothing industry due to long history of domestic availability of raw material, world-class textile machinery and other supporting fronts.
Nonwovens On The Top
Despite Covid pandemic, the demand for nonwovens is higher today than in the past years. Rising awareness about hygiene - along with increase in usage in other industries like packaging, automotive, etc - is driving the market of nonwovens in India, says Rakesh Rao.
Time to step up the game
Technical textile is considered to a sunrise sector offering immense growth potential for Indian companies.
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