PLI for textile catalyses investments of Rs 7,343 crore

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The Production Linked Incentive (PLI) Scheme for textiles has spurred significant investments and turnover, boosting exports and promoting manufacturing in key sectors like MMF apparel and technical textiles. With a focus on high-tech products, the scheme aims to enhance India's competitiveness and global integration in the textile industry. This initiative positions India to challenge established exporters and meet international standards.