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PLI Scheme: Government invites fresh applications under PLI scheme for textiles

The textiles ministry had approved 64 applications under the Rs 19,798 crore scheme last year. In part-1 of the PLI schemes, the minimum investment required is Rs 300 crore and the minimum turnover required to be achieved for incentive is Rs 600 crore while in part-2, the minimum investment should be Rs 100 crore and the minimum turnover is Rs 200 crore.
Centre On Ministry Of Textiles Production Linked Incentive Technical Textiles Pli Scheme Pli Scheme For Textiles

Manufacturing sector sentiments remain positive in first quarter: FICCI Survey, ET Auto

Ficci: The survey observed that after experiencing revival of the Indian economy in FY22, the momentum of growth has continued for the subsequent quarters as well. In the Q4 Jan-March FY23, 55% of the respondents reported higher production levels.
United States Sentiments For Indian Manufacturing Despite Global Headwinds Electronics White Goods Positive Sentiments Indian Manufacturing Despite Global Headwinds New Delhi

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New textile industry: Govt aims to attract Rs 25,000-cr financing

According to the policy, there will be an increase in the cotton processing capacity in the state from 30-80 per cent in the next five years, and will likely attract investment of Rs 25,000 crore and generate employment up to 5 lakh.
Maharashtra Technical Textiles Mission Maharashtra State Textile Development Corporation Textile Commissionerate Silk Directorate Silk Commissionerate Regional Deputy Commissioner

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