PLI Scheme for Indian Textile Sector

On 8th September, 2021, government approved Production Linked Incentive (PLI) Scheme for Textiles in order to regain its dominance in Global Textiles Trade.

PLI scheme for Textiles is part of the overall announcement of PLI Schemes for 13 sectors made earlier during the Union Budget 2021-22.

Need

  • Annual textile and clothing exports have remained largely stagnant over the last seven years.
  • India is ranked sixth in the global trade in this sector
  • In 2018-19, while Indian textile and clothing exports amounted to about $36 billion, less than one-third was man-made fibre-based. In contrast, of the total textile and clothing exports by China, it ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy November 2021 Issue

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Related Content

Economy Watch