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PLI Scheme for Textiles Extended in India to Foster Investment and Growth

Official Press

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The Government of India has extended the deadline for the Production Linked Incentive (PLI) Scheme for Textiles to 31st March 2026 to encourage wider participation, particularly from MSMEs. Amendments to the scheme include a 50% reduction in the minimum investment limit and a lowering of the incremental turnover criteria to 10%. These steps aim to promote investment in Man-Made Fibre (MMF) apparel, fabrics, and technical textiles. With the amendments, the application portal has received 84 new proposals, anticipating investments of Rs.10,789 crore and about 86,740 new jobs. The scheme is part of a wider effort by the Government to enhance the textile sector, including various developments in infrastructure, market, export, and skills.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link