The scheme has two parts.In Part-1 of the PLI scheme, the minimum investment 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.The textiles ministry had approved 64 applications under the Rs 19,798 crore scheme last year.The scheme promotes and cover the manufacturing of man-made fibre (MMF) apparel, MMF fabrics and products of technical textiles.Earlier, the Ministry of Textiles (MoT) had reopened the PLI scheme portal in July till 31 August, 2023.
⚡ News
⚡ News