Apparel Sector Gets A Lift As India Tightens Port Restrictions
With the Centre imposing port restrictions on imports of ready-made garments (RMG) from Bangladesh, domestic players get the much-needed window to shift focus
The report notes that It is expected to significantly expand the export market in the long term
The central government has extended the date of inviting fresh applications under the production-linked incentive (PLI) scheme for textiles up to December 2023. In view of the requests from the industry stakeholders, the Ministry of Textiles had earlier decided to re-open the PLI portal till August 31, 2023, to invite fresh applications from interested companies […]