Tag: PLI
Push for infrastructure by the govt and its effects on the textile sector
To promote the expansion of the infrastructure sector, the Government of India (GoI) has introduced programmes like Make in India and Production-Linked Incentives (PLI) schemes. ... Read More
S Hari Shankar: ITME 2022 has been very productive for all
The ITME chairman spoke about the exhibition and also recent trends of the industry. India ITME 2022 kick started with a humungous response from exhibitors ... Read More
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