Sakshi Education
Central government has approved the production-linked incentive (PLI) scheme of worth Rs 10,683 crore for the textiles sector on September 8, 2021.
Centre approves ₹10,683 crore PLI scheme for Textile Sector
This PLI scheme was approved in order to boost domestic manufacturing and exports.
Scheme will help in creating direct additional employment of more than 7.5 lakh people and several supporting activities.
As a part of incentives approved for textiles sector, the payout will be spread over a period of five years.
PLI scheme was approved for textiles, MMF (man-made fibre) fabrics, MMF apparel and 10 segments or products of technical textiles.
Published date : 09 Sep 2021 05:00PM
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