PLI for Textiles: Govt approves Textile companies application

PLI for Textiles: Govt approves Textile companies application

15 April 2022, Mumbai:

The government on Thursday said it has approved 61 applications of companies, including Ginni Filaments, Kimberly Clark India, and Arvind, with an investment potential of over Rs 19,000 crore under the production-linked incentive (PLI) scheme for textiles.

 

ALSO READ The deadline for applying for the PLI scheme has been extended once more

Textile secretary U P Singh said that a total of 67. proposals were received under the PLI scheme for the textiles sector.

RELATED NEWS Production Linked Incentive (PLI) Scheme for Textiles: Operational guidelines issued

The government had approved the PLI scheme for textiles products like MMF (man-made fibre) apparel, MMF fabrics, and products of technical textiles. 

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CREDITS: PTI & ET Dt 15-04-2022 (The news article has not been edited by DFU Publications staff).

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