Category: PLI scheme
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India’s Textile PLI 2.0: Lower Barriers, Higher Ambitions
Introduction: The Evolution of India’s PLI for Textiles When India launched its Production Linked Incentive (PLI) Scheme for Textiles in September 2021, it was a bold step to strengthen domestic manufacturing, attract global investments, and position India as a competitive player in man-made fibres (MMF) and technical textiles. However, despite…
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Preparing the Textile Workforce for Automation
As the global textile industry rapidly integrates automation to stay competitive, improve productivity, and enhance quality, the human element remains critical. Automation does not signal the replacement of the workforce, but rather a transformation of roles and the emergence of new skill requirements. For countries like India, where textiles form…
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Reviving India’s Investment Climate
India’s economic growth story is deeply intertwined with its ability to attract investments, both domestic and foreign. However, recent trends indicate a worrying decline in domestic private investment, which directly impacts Foreign Direct Investment (FDI). This blog critically examines the interplay between sluggish demand, domestic and foreign investments, and the…
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PLI Scheme: Can It Unlock India’s Manufacturing Powerhouse
India’s Production Linked Incentive (PLI) scheme has emerged as a flagship initiative to boost domestic manufacturing and make the country a global production hub. With an allocation exceeding ₹1.97 lakh crore (approximately $26 billion) across key sectors, the scheme promises financial incentives to companies meeting production targets. But the pressing…