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Another PLI scheme for textile sector to be announced soon: Piyush Goyal

There is no need to extend waiver on import duty of cotton after September, says minister.

Piyush Goyal (Photo: Bloomberg)
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Commerce and Industry and Textile Minister Piyush Goyal (Photo: Bloomberg)

Shreya Nandi Coimbatore
The government is preparing a scheme for the apparels segment of the textile sector as a production-linked incentive scheme (PLI) for manmade fabrics and technical garments continues, said commerce and industry and textile minister Piyush Goyal on Saturday,

“I am keen to support the apparel manufacturing sector and we are considering to come out with another PLI scheme. The dialogue is going on between textiles, the DPIIT and NITI Aayog, and in consultation with industry participants, we will be shortly devising a scheme which we will put up to Cabinet for its approval,” Goyal said at a textile fair in