India Expands Textile Manufacturing Capacity with 22 New PLI Approvals
New Expansion in the Textile Sector The Indian Ministry of Textiles has officially approved 22 additional applicants under the Production Linked Incentive (PLI) scheme for textiles, a move designed to bolster domestic manufacturing and global competitiveness. Announced this week in New Delhi, the initiative aims to catalyze significant growth in the sector by incentivizing companies…