Government has approved Production Linked Incentive (PLI) Scheme for Textiles. With this, India is poised to regain its dominance in Global Textiles Trade
Leveraging Economies of Scale, the scheme will help Indian companies to emerge as Global Champions
Help create additional employment of over 7.5 lakh people directly and several lakhs more for supporting activities
Scheme will also pave the way for participation of women in large numbers
Incentives worth Rs. 10,683 crore will be provided to industry over five years
It is expected that this scheme will result in fresh investment of above Rs 19,000 crore and additional production turnover of over Rs.3 lakh crore in five years
Higher priority for investment in Aspirational Districts & Tier 3/4 towns
Scheme will positively impact especially States like Gujarat, UP, Maharashtra, Tamil Nadu, Punjab, AP, Telangana, Odisha etc.
Regards
Team Sis
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