💨 Abstract

The Indian government has initiated the nationwide implementation of the Production Linked Incentive (PLI) Scheme for Textiles. The PLI scheme aims to boost production of MMF Apparel, MMF fabrics, and technical textiles, aiming for size and scale and competitiveness. Approximately 22% of the Ministry's budget estimate for 2025-26 is dedicated to the PLI scheme for Textiles.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖

Powered by MessengerX.io