New Delhi, June 28 -- The central government is developing a dedicated production-linked incentive (PLI) scheme specifically for the garment industry, Textiles Minister Giriraj Singh announced during an interview with Business Standard on June 27.
The proposed garment-focused scheme will operate independently from the existing PLI scheme for textiles, which received government approval in 2021 with a budgetary allocation of Rs 10,683 crore over five years.
The current textile PLI scheme has already approved 80 applicants and focuses on enhancing production of man-made fibre apparel and fabrics.
Singh indicated that the government aims to disburse Rs 500 crore this year under the existing textile PLI scheme.
The minister projected that...
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