Additional product categories to be included under textile PLI coverage
The government will expand the scope of the Rs 10,683-crore production-linked incentive (PLI) scheme for textiles, Union minister Giriraj Singh said on Tuesday. The scheme currently covers man-made fibre (MMF) apparel, fabrics, and technical textiles. The proposed expansion aims to include more product categories under the incentive framework.
Union minister Giriraj Singh on Tuesday stated that the government will extend the coverage of the Rs 10,683-crore production-linked incentive (PLI) scheme for textiles. The scheme presently includes man-made fibre (MMF) apparel, fabrics, and technical textiles.
The inclusion of additional products in the list of eligible categories for financial support is expected to support industry operations, improve ease of doing business, encourage new investments, and contribute to growth in the textiles sector.
Singh told PTI that the government will “certainly expand” the coverage under PLI textiles for product categories.
The minister made the statement following an interaction with representatives from Indian Footwear Industries.
He noted that earlier there was limited focus on technical textiles, but under the current framework, the PLI scheme includes this segment.
“They (footwear industry) have problems related to raw material availability and quality. I have heard them,” Singh said.
“The per person footwear consumption of USA is 7 pairs, China’s is 3.3 pairs, and India’s per person consumption has also reached close to 3 pairs. The consumption rises with increase in purchasing capacity, which has risen in India especially during the last 12 years (in the Narendra Modi-led government),” added the minister.