Saturday, 29 Mar 2025
·
Mumbai 31 °C
·
Language:
Industry And Cluster | News & Insights

PLI for textiles: The government will set a value-addition standard of 30-60%

Published: September 24, 2021
Author: Manali bhanushali
According to officials following the issue, the Textile Ministry is considering imposing a minimum value-addition criteria of 60% for garment manufacturing, spinning, and weaving activities, and a lower 30% requirement for processing for industry to qualify for the 10,683-crore Performance Linked Incentive (PLI) scheme for textile products.
Furthermore, PLI beneficiaries will not be permitted to outsource or choose job tasks (receiving a portion of the processing).

Related Posts

Experience the Ultimate Sound Freedom with New SRS-XB100 Compact Wireless Speaker