Govt  OKs  ₹10,683  crore PLI plan for textiles

The government on Wednesday approved production-linked incentives for the textile industry, which it said could garner ₹19,000 crore in private sector investments and create at least 750,000 new jobs. The move aims to make Indian textiles more competitive in international markets after ceding ground to countries such as Bangladesh and Vietnam. The government will offer … Read more