Bureau:
In a bid to bolster India’s textiles sector the Central Cabinet meeting chaired by Prime Minister Narendra Modi, on Wednesday (September 8), approved the production-linked incentive (PLI) scheme for the industry.
“We hope that this decision will produce some global champions. The factories based around aspirational districts or Tier-3 and Tier-4 cities will be given priority. It will especially benefit Gujarat, UP, Maharashtra, Tamil Nadu, Punjab, Andhra Pradesh, Telangana etc,” said Union Minister Piyush Goyal.