With an aim to boost domestic manufacturing and increase exports, Union minister Giriraj Singh has said that the government will expand the coverage of the Rs 10,683-crore production-linked incentive (PLI) scheme for textiles which now includes man-made fibre (MMF) apparel, fabrics, and technical textiles.
The minister said the addition of products to the list of eligible items for receiving the government's financial support will support industry, enhance ease of doing business, encourage fresh investments in the sector and accelerate growth in the textiles sector. He said it underscores the government's focus on fostering employment and driving India's leadership in the global textile market. He observed that times have changed as earlier there was no emphasis on technical textiles but now the government under PLI Scheme covering technical textiles.
After conferring with representatives from the Indian Footwear Industry, he acknowledged that the footwear industry continues to face several challenges, including issues related to raw materials and quality. He noted that in India, per person footwear consumption is close to 3 pairs. The USA leads the consumption in the world with 7 pairs and China consumes 3.3 pairs. The consumption rises with increase in purchasing capacity, which has risen in India especially during the last 12 years.
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