Join WhatsApp

Folow Facebook

Subscribe YouTube

Follow Instagram

New Delhi: The Ministry of Textiles on Thursday notified key revisions to the production-linked incentive (PLI) scheme for man-made fibre (MMF) apparel, MMF fabrics, and products of technical textiles, which aims to address industry challenges, enhance ease of doing business, encourage fresh investments in the sector, and accelerate growth.

The key revisions to the PLI scheme include inclusion of eight new HSN codes for MMF Apparel and nine new HSN codes for MMF fabrics.

Applicants can now establish project units within the existing companies. With effect from August 1, for all new applicants, minimum investment stands reduced from Rs 300 crore to Rs 150 crore in Part-1 category and from Rs 100 crore to Rs 50 crore in P

See Full Page