Govt likely to finalise PLI scheme for garments by early next year ...Middle East

The central government is expected to finalise a production linked incentive (PLI) scheme for garments, madeups and home textiles early next year with an aim to promote small and medium units, an official said on Wednesday. The government has already announced a PLI scheme for man-made fibre garments and technical textiles. Now there are talks going on for the second edition of the scheme for the sector. The official said that discussions are on for PLI 2.0 where investment thresholds could be lower than the previous one for technical textiles and man-made fibre. "We encouraged capital and machinery in the first edition of PLI, but this time we are looking at small and medium entities," the

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