Tag: PLI
Plans call for a PLI-type scheme to replace the textile tech fund
ATUFS was announced in January 2016 with a budget of Rs 17,822 crore with the goal of attracting about Rs 95,000 crore in new investments. ... Read More
Indian textile and apparel market to reach $ 250 billion by 2025-26
Global apparel consumption in 2021 is estimated to be around $ 1.5 trillion and it is estimated to reach $ 2 trillion by 2025. Global ... Read More
Government soon to introduce PLI scheme for apparel manufacturers
In order to boost a number of industries, including synthetic fibre, technical textiles, white goods, medical devices, automobiles, and car components, the government introduced the ... Read More
India’s textile exports may touch $ 100 bn mark in 5 years
India's annual textiles exports can rise to USD 100 billion in the next five years from the current USD 40 billion, a top official said. ... Read More
FTAs to help India to push apparel exports: RBI
India needs to actively pursue free-trade agreements (FTAs) with major export destinations like the EU and the US to push apparel shipments to face competition ... Read More
TAI Mumbai Unit to host technical textile seminar at Vapi
The Textile Association (India), Mumbai Unit is organising a seminar on technical textiles - titled “Technical textiles: Need of today and tomorrow" - on January ... Read More
Govt to revamp ATUFS modernisation scheme for textiles
The government is planning a major revamp of its flagship incentive scheme for capital investments in the textile and garment sector to improve its performance. Read More