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Govt To Expand Textile PLI Scheme, Boost MMF & Technical SegmentsThe government is set to broaden the scope of its Rs 10,683 crore Production-Linked Incentive (PLI) scheme for textiles, with plans to include a wider range of products across man-made fibre (MMF) apparel, fabrics and technical textiles. Announcing the move, Giriraj Singh said the expansion is aimed at strengthening the sector by attracting fresh investments, improving ease of doing business...0 Commentarii 0 Distribuiri 745 Views 0 previzualizare
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GST 2.0 - Reforms to propel MMF textile industry sub-Rs 2,500 retail segment poised for growthSynopsis The reforms are expected to correct anomalies at the fibre stage, reduce costs at the yarn and fabric stages, improve garment affordability, revive demand at the retail stage, and enhance export competitiveness. The textile industry has welcomed the recommendations of the 56th GST Council meeting, held in New Delhi on September 3, describing them as a timely boost for MSMEs and...0 Commentarii 0 Distribuiri 893 Views 0 previzualizare
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Major Amendments to PLI Scheme, A Big Boost for MMF and Technical Textile SectorsIn a move set to energize India’s textile manufacturing landscape, the Ministry of Textiles has announced significant amendments to the Production Linked Incentive (PLI) Scheme for MMF (Man-Made Fibre) apparel, MMF fabrics, and technical textiles. These revisions are designed to address long-standing industry challenges, enhance ease of doing business, and attract new investments —...0 Commentarii 0 Distribuiri 693 Views 0 previzualizare
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Vardhmans New Performance Frontier- The Rise of Indias Largest Integrated MMF Fabric PlatformFor more than five decades, Vardhman Textiles Limited has stood as India’s most trusted symbol of textile engineering excellence. With over 1.2 million spindles and one of the country’s largest portfolios of processed cotton and blended fabrics, the group has long dominated the cotton value chain. But in a rapidly evolving global textile landscape, where man-made fibres account for...0 Commentarii 0 Distribuiri 886 Views 0 previzualizare