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Searched Tag: union textiles minister giriraj singh
Carbon fibre will be produced by India in 2025-26

Carbon fibre will be produced by India in 2025-26

September 6, 2024, 04:11 PM - 2 min read

Union Textiles Minister Giriraj Singh expects India to produce carbon fibre by 2025-26, reducing reliance on imports. The government is focused on developing technical textiles through initiatives like the National Technical Textiles Mission and the PLI scheme, aiming to surpass $10 billion in exports by 2030.

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Textiles Minister Giriraj Singh said on Tuesday that the government has approved an extension of the Production Linked Incentive (PLI) scheme, originally aimed at textiles, to include the garments sector.

India extends ₹10,000 cr PLI scheme to garments

June 25, 2024, 04:47 PM - 2 min read

Addressing attendees at the India International Garment Fair (IIGF), Minister Singh, highlighted government's commitment to boost growth within the textiles and garments industry. The PLI scheme, which initially received a budgetary allocation exceeding Rs 10,000 crore, has already been instrumental in promoting the production of man-made fibre apparel, fabrics, and technical textiles across the country.

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