How seven mega textile parks will help the industry

What is the news? The government recently cleared the PM MITRA scheme to set up seven mega textile parks over five years. Read more: Government has approved setting up of 7 Mega Integrated Textile Region and Apparel (PM MITRA) Parks  What does the scheme mean for the Textile industry? Help to address the bottlenecks: The… Continue reading How seven mega textile parks will help the industry

Government has approved setting up of 7 Mega Integrated Textile Region and Apparel (PM MITRA) Parks

What is the news?   The government has approved the setting up of seven PM MITRA textiles parks, following the “Union Budget for 2021-22″ commitments, with a total outlay of Rs. 4,445 crores in a period of 5 years.  About “PM-MITRA” Scheme The scheme aims to realize the vision of building an Aatmanirbhar Bharat by positioning India strongly on the Global… Continue reading Government has approved setting up of 7 Mega Integrated Textile Region and Apparel (PM MITRA) Parks

Government approves Production Linked Incentive (PLI) Scheme for Textiles

What is the News? The government of India has approved the Production Linked Incentive (PLI) Scheme for Textiles. Must Read: About Production-Linked Incentive(PLI) Schemes About the PLI Scheme for textiles Objective:  To ​​attract investments in the production of in-demand textile products like man-made fibre (MMF) fabric, garments and technical textiles. To make Indian textiles more… Continue reading Government approves Production Linked Incentive (PLI) Scheme for Textiles

Integrated Skill Development Scheme in the Textile Sector

News:Recently,a meeting was organised under Samarth-Scheme for Capacity Building in Textiles sector(SCBTS) to familiarize the stakeholders about the scheme and its guidelines. Facts: About Samarth-Scheme for Capacity Building in Textiles sector(SCBTS): Samarth is a skill development scheme under the Union Ministry of Textiles. The scheme aims to provide skill development to the youth for gainful… Continue reading Integrated Skill Development Scheme in the Textile Sector