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PLI Scheme has potential to position India in Global Value Chain


PLI Scheme has potential to position India in Global Value Chain
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IANS
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India s pharma exports surge as tide turns against China. Image Source: IANS News
New Delhi, June 3 : Budget allocation of $20 billion to 13 core sectors of the economy, under the PLI scheme will encourage incentive-led manufacturing base and has the potential to position India in global value chain, a senior government official said on Thursday.
Additional Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Sumita Dawra, in her remarks in a virtual open house session on the Implications of PLI Scheme on India s Manufacturing and Trade Competitiveness, organised by the PHD Chamber of Commerce and Industry, stated that the PLI scheme can boost R&D, economies of scale, meeting quality standard and therefore, has the potential to create global champions in manufacturing. ....

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Trade Competitiveness of India's Textile and Apparel Sector | Economic and Political Weekly


An analysis of the trade competitiveness of India’s man-made fibre-based textile and apparel sector, based on the Index of Revealed Comparative Advantage, Trade Intensity Index, and Export Similarity Index, for the period 2010–19, revealed that India has a significant advantage in man-made yarns, fibres and technical textiles. A survey of the top 10 export markets indicates that India enjoys a comparative advantage in 53 of 319 products. India has a high trade intensity with the United States and United Kingdom in fabric, apparels, made-ups (including carpets), and technical textiles (including non-woven). Further, India does not face high export competition in this sector.
 
Textile and apparel manufacturing is heterogeneous in nature and involves a complex value chain from the production of fibre to finished products. The dynamism in sectoral manufacturing and the growing change in consumer preference and demand pattern across the globe plays a crucial role in influ ....

Trade Competitiveness , An Made Textiles , Trade Indices , Textile Industry , வர்த்தகம் போட்டித்திறன் ,