The steep drop in US tariffs — from nearly 50 per cent to about 18 per cent above the global baseline — has restored India’s competitive…
Browsing: Production Linked Incentive
As India approaches the Union Budget 2026, Parnika India welcomes the Government’s steadfast commitment to strengthening the textile sector – one of the country’s largest employment…
The strategic outlook is constructive. Duty relief has lowered the cost floor. Smart machinery is raising the performance ceiling. The corridor between the two is where…
The Ministry has reduced the minimum investment threshold by half—from Rs 3 billion to Rs 1.50 billion in the Part-1 category and from Rs 1 billion…
Fresh chance for investors as scheme attracts strong industry response. The Government has extended the application window for the Production Linked Incentive (PLI) Scheme for Textiles…
Automation is transforming industries across the board, and the textile sector is no exception. From spinning and weaving to garment manufacturing, every segment is increasingly integrating…
In addition to the PLI scheme, the Ministry of Textiles has introduced several initiatives to support and promote traditional handloom textiles nationwide, including in Odisha. The…