Weaving success: New textiles minister Piyush Goyal to revie

Weaving success: New textiles minister Piyush Goyal to review Rs 10,683-crore PLI scheme


Weaving success: New textiles minister Piyush Goyal to review Rs 10,683-crore PLI scheme
Banikinkar Pattanayak
© Provided by The Financial Express
New textiles minister Piyush Goyal (Photo: IE/ File)
New textiles minister Piyush Goyal will soon review a proposed Rs 10,683-crore production-linked incentive (PLI) scheme for products made of man-made fibre and technical textiles, amid clamour for reducing the lofty turnover and investment targets for companies to avail of benefits, sources told FE.
Goyal, who is also the commerce and industry minister, faces a tough task, as the labour-intensive garment sector, comprising mainly MSMEs and dominated by cotton-based players, also wants the inclusion of value-added cotton products in the scheme to benefit a large number of businesses.

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