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Govt issues guidelines for textiles PLI scheme worth Rs 10,683 crore

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Diya jain @Diya_jain2 · Dec 28, 2021

Companies have to inform the ministry of textiles about their annual investment plan.

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The central government on Tuesday released guidelines for its production linked incentives (PLI) scheme for textiles, asking companies to register between January 1 and January 31 next year on an online portal.

 

If there are not enough applications, the window will be re-opened. Companies have to inform the ministry of textiles about their annual investment plan, expected sales, turnover, expected employment generation and exports during the scheme’s tenure, according to the guidelines.

 

Incentives worth Rs 10,683 crore will be given over five years for