Centre issues operational guidelines for PLI scheme for textiles sector : Rashtra News #Centre #issues #operational #guidelines #PLI #scheme #textiles #sector Under the scheme, FY 2024-25 will be considered as the first performance year with a minimum prescribed turnover of Rs 600 crore, according to the guidelines. The government on Tuesday issued the operational guidelines
PLI scheme for textiles attracts 67 companies; RIL, Arvind, Bombay Dyeing, Welspun among applicants : Rashtra News #PLI #scheme #textiles #attracts #companies #RIL #Arvind #Bombay #Dyeing #Welspun #among #applicants Textiles secretary UP Singh said the investments committed by the applicants have exceeded the government’s expectations of over Rs 19,000 crore. As many as 67 companies
The textiles ministry had approved 64 applications under the Rs 19,798 crore scheme last year. In part-1 of the PLI schemes, the minimum investment required is Rs 300 crore and the minimum turnover required to be achieved for incentive is Rs 600 crore while in part-2, the minimum investment should be Rs 100 crore and the minimum turnover is Rs 200 crore.
The textiles ministry had approved 64 applications under the Rs 19,798 crore scheme last year. In part-1 of the PLI schemes, the minimum investment required is Rs 300 crore and the minimum turnover required to be achieved for incentive is Rs 600 crore while in part-2, the minimum investment should be Rs 100 crore and the minimum turnover is Rs 200 crore.
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