The government has approved 52 new applications under the Production Linked Incentive (PLI) scheme for the textile industry, which is the third phase. According to the Ministry of Textiles, these applicants have committed to investing 6,708 crore rupees, which is expected to generate an...
domestic production
economic growth
employment opportunities
government approval
india
investment
man-madefibers
manufacturing
pli scheme
production linked incentive
revenue generation
technical textiles
textile industry
textile sector
New Delhi, April 6 The size of the textiles market has increased from ₹4.89 lakh crore in 2010 to ₹14.95 lakh crore in 2024, representing a compound annual growth rate (CAGR) of 8.3 per cent, according to a Textile Ministry survey unveiled on Monday.The report, titled "Domestic Demand of...