Textiles may provide 7.5 lakh direct job opportunities under the government's PLI plan

15th September 2021, Mumbai:

According to the Ministry of Textiles, the Union Government's Production Linked Incentive plan for the textile sector is anticipated to employ around 7.5 lakh people. According to the Press Trust of India, the Ministry of Textiles' additional secretary Vijoy Kumar Singh told reporters, "As a government, we are looking at the development of jobs, possibilities for people, our countrymen."

“As a result, both the federal and state governments value the development of job possibilities. As a result, we will work together to make this idea a success. Our goal is to achieve this.”

The PLI plan also intends to help India's textile sector expand exports and reclaim a leading position in the global textile trade. According to Singh, the plan would give incentives to the local textile sector worth Rs 10,683 crore ($1.6 billion) over a five-year period to achieve this. “The goal is to assist the industry in the beginning, and once they grow to a certain size and scale, they will be competitive on their own,” Singh explained.

Gujarat, Uttar Pradesh, Maharashtra, Tamil Nadu, Punjab, Andhra Pradesh, and Telangana would be the focus of the plan, with the highest number of job possibilities due to their prominence in the country's textile sector.

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