The Tamil Nadu textile and apparel industry should leverage the Production Linked Incentive (PLI) scheme for technical textiles and manmade fibre (MMF) sector.
This was informed by Union Textile Minister Giriraj Singh while speaking at a meeting organised by the Tiruppur Exporters Association (TEA).
Giriraj Singh said the union government has allocated Rs 11,000 crore and also has relaxed the norms for the PLI scheme to encourage investments in technical textiles and MMF sectors.
“As for the new schemes, designed to be pro-industry, and planned by the textiles ministry, some have gone to the union cabinet, and others will follow. We have factored in everything—machinery, employment, and other aspects,” he added.
He urged the industries in Tamil Nadu to look at tripling exports and called for investments to produce indigenous machinery for knitting, weaving, and processing sectors.
“The Minister also urged the industry to look at investing in states where there is labour availability,” The Hindu reported.
A. Sakthivel, Chairman of the Apparel Export Promotion Council, said that the Textile Ministry is introducing new initiatives every two months and all the seven PM MITRA parks were now operational.
According to K.M. Subramanian, President of the TEA, the government should look at early implementation of the Textile Expansion and Employment Scheme (TEEM) and extend benefits under the Rebate of State and Central Taxes and Levies for three more years.
Later, the Minister interacted with textile machinery manufacturers and had a meeting with officials of the South India Textile Research Association (SITRA) in Coimbatore.
The Minister also inaugurated a GM Testing Laboratory for cotton and cotton-derived materials at SITRA.
The laboratory will meet the growing need for traceability, quality assurance, and compliance in the global cotton trade.
It will help exporters meet requirements of organic standards such as GOTS and OCS, which mandate qualitative GM cotton screening.
Image courtesy: Reuters
