Smt. DarshanaJardoshin, MoS for Textiles a written reply in the Rajya Sabha: CONTRIBUTION OF MMF SEGMENT IN PLI SCHEME

17 December 2021, Mumbai:

India has been traditionally focusing on Cotton textiles whereas the global mill fibre consumption is moving towards Manmade fibre (MMF).

Recognizing the potential for growth and employment in MMF sector, the Production Linked Incentive (PLI) Scheme for Textiles has been formulated with an approved outlay of Rs 10683 crore over a five year period, to promote production of MMF Apparel, MMF Fabrics and Products of Technical Textiles in the country.

The objective is to enable the Textile sector to achieve size and scale and to become competitive. Increased availability of MMF and MMF yarn will contribute to the overall Growth in the textile industry using mixed fibre/yarn.

The scheme guidelines are under formulation. Proposals shall be invited once the scheme guidelines are notified.

Investment by the Government in the handloom sector is through funding to the eligible handloom agencies/weavers etc. in the form of grants-in-aid for implementation of following handloom schemes (Central Sector Schemes) for development, promotion and modernization of weaving and to increase production in the handloom sector and welfare of handloom weavers across the country: -

• National Handloom Development Programme (NHDP);
• Raw Material Supply Scheme(RMSS)

Under the above schemes, financial assistance is provided for raw materials, Common infrastructure development, marketing of handloom products in domestic/overseas markets, loans at concessional rates, etc.

To promote marketing of handloom products, Handloom Export Promotion Council (HEPC) has been organizing International Fairs in virtual mode. During the year 2020-21, 12 handloom fairs were organized in virtual mode. Besides, domestic marketing events were also organized in different parts of the country for the weavers to market and sell their products.

This information was given by the Minister of State for Textiles Smt. DarshanaJardoshin a written reply in the Rajya Sabha today.

PIB (The news article has not been edited by DFU Publications staff)

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

Return to homepage