Govt approves Rs 10,683 crore PLI scheme for textiles
1 min read The cabinet on Wednesday authorized the production-linked incentive (PLI) scheme price Rs 10,683 crore for textiles sector with an purpose to spice up home manufacturing and exports, Union Minister Anurag Thakur mentioned.
The choice was taken in a gathering which was chaired by Prime Minister Narendra Modi right here.
The cabinet has authorized the PLI scheme for textiles for MMF (man-made fibre) attire, MMF materials and ten segments/merchandise of technical textiles with a budgetary outlay of Rs 10,683 crore.
PLI scheme for textiles is a part of the general announcement of the scheme for 13 sectors made earlier in the course of the Union Budget 2021-22, with an outlay of Rs 1.97 lakh crore.
