Textile Minister Giriraj Singh unveiled the government's plan to expand the Rs 10,000 crore Production Linked Incentive (PLI) scheme to include the garment sector. This announcement was made at the currently in-progress India International Garment Fair (IIGF). The move will help boost domestic textile manufacturing and exports, he added.
Highlighting the industry’s potential to increase textile exports. Singh urged it to target shipments worth $50 billion in the coming years. Emphasising on adoption of the 'hub and spoke' model to strengthen domestic manufacturing, he encouraged the industry to collaborate, and establish new Indian brands. He also announced plans to revive the Scheme for Integrated Textile Parks (SITP) to create internationally standardised parks. All these initiatives will help revamp textile parks in the country, and promote green textiles, thus bolstering the industry’s growth and sustainability.