{"id":143752,"date":"2022-04-14T13:20:23","date_gmt":"2022-04-14T07:50:23","guid":{"rendered":"https:\/\/newsmakhani.com\/?p=143752"},"modified":"2022-04-15T13:24:19","modified_gmt":"2022-04-15T07:54:19","slug":"a-total-of-61-applicants-approved-under-production-linked-incentive-pli-scheme-for-textiles-out-of-67-applications-received","status":"publish","type":"post","link":"https:\/\/newsnarad.com\/pa\/a-total-of-61-applicants-approved-under-production-linked-incentive-pli-scheme-for-textiles-out-of-67-applications-received\/","title":{"rendered":"A total of 61 applicants\u00a0 approved under Production Linked Incentive (PLI) Scheme For Textiles out of 67 applications received"},"content":{"rendered":"<p class=\"qtranxs-available-languages-message qtranxs-available-languages-message-pa\">\u0a2e\u0a3e\u0a2b\u0a3c \u0a15\u0a30\u0a28\u0a3e, \u0a07\u0a39 \u0a16\u0a2c\u0a30 \u0a24\u0a41\u0a39\u0a3e\u0a21\u0a40 \u0a2c\u0a47\u0a28\u0a24\u0a40 \u0a2d\u0a3e\u0a38\u0a3c\u0a3e \u0a35\u0a3f\u0a71\u0a1a \u0a09\u0a2a\u0a32\u0a2c\u0a27 \u0a28\u0a39\u0a40\u0a02 \u0a39\u0a48\u0964 <a href=\"https:\/\/newsmakhani.com\/en\/\">\u0a15\u0a3f\u0a30\u0a2a\u0a3e \u0a15\u0a30\u0a15\u0a47 \u0a07\u0a71\u0a25\u0a47 \u0a26\u0a47\u0a16\u0a4b\u0964<\/a><\/p><p><\/p>\n<div class=\"text-center\">\n<p><span id=\"ltrSubtitle\"><strong>Proposed total investment expected from Applicants is Rs. 19,077 crore and a projected turnover is Rs. 184,917 crore with a proposed employment of 240,134<\/strong><\/p>\n<p><strong>Government approved PLI Scheme for Textiles products for enhancing India\u2019s manufacturing capabilities and enhancing exports with an approved financial outlay of Rs 10,683 crore over a five-year period<\/strong><\/p>\n<p><strong>Government reduces import duty of cotton to zero\u00a0<\/strong><br \/>\n<\/span><\/p>\n<\/div>\n<div class=\"ReleaseDateSubHeaddateTime text-center pt20\"><strong>DELHI\u00a0 : 14 APR 2022<\/strong><\/div>\n<p>The Selection Committee chaired by Secretary, Ministry of Textiles, Shri U.P. Singh has selected 61 applicants under Production Linked Incentive (PLI) Scheme for Textiles. A total of 67 applications were received for the PLI scheme out of which 15 applications are under Part-1 and 52 applications are under Part-2.<\/p>\n<p>Addressing the media in a press conference, Secretary, Ministry of Textiles, Shri UP Singh said that in the 61 applications approved the proposed total investment expected from the applicants is Rs. 19,077 crore and a projected turnover is Rs. 184,917 crore over a period of 5 years with a proposed direct employment of 240,134.<\/p>\n<p>The scheme has two parts, Part 1 where minimum investment is Rs. 300 crore and minimum turnover required to be achieved for incentive is Rs.600 crore; and Part-2, where minimum investment is of Rs. 100 crore and minimum turnover required to be achieved for incentive is Rs. 200 crore.<\/p>\n<p>Government approved Production-Linked Incentive (PLI) Scheme for Textiles products, namely MMF Apparel, MMF Fabrics and Products of Technical Textiles, for enhancing India\u2019s manufacturing capabilities and enhancing exports with an approved financial outlay of Rs 10,683 crore over a five-year period. To further boost the growth of the sector, centre also removed the import duty of cotton.<\/p>\n<p>The Notification for the scheme was issued on 24.09.2021. Operational Guidelines for Production Linked Incentive (PLI) Scheme were issued on 28.12.2021. Applications under PLI Scheme for Textiles were received through web portal from 01.01.2022 to 28.02.2022.<\/p>\n<p>&nbsp;<\/p>\n<p>The 61 applicants selected under the scheme as of now by the Selection Committee are as under:<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Scheme Part-1<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>1 Avgol India Private Limited<\/p>\n<p>2 Cubatics Industries Private Limited<\/p>\n<p>3 Goa Glass Fibre Ltd. (GGFL)<\/p>\n<p>4 H P Cotton Textile Mills Limited<\/p>\n<p>5 Himatsingka Seide Limited<\/p>\n<p>6 Kimberly Clark India Private Limited (subject to formation of a new company for investment and production under the Scheme as per existing guidelines)<\/p>\n<p>7 Madura Industrial Textiles Limited<\/p>\n<p>8 MCPI Private Limited<\/p>\n<p>9 Paragon Apparel Private Limited<\/p>\n<p>10 Pratibha Syntex Limited<\/p>\n<p>11 Shahi Exports Private Limited<\/p>\n<p>12 Shree Durga Syntex Pvt. Ltd.<\/p>\n<p>13 Trident Limited<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Scheme Part-2<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>14 AYM Syntex Limited<\/p>\n<p>15 Kennigton Industries Pvt Ltd<\/p>\n<p>16 MI Industries India Pvt Ltd.<\/p>\n<p>17 Silkon Synthetics &amp; Cotton Dyeing Pvt.Ltd.<\/p>\n<p>18 Youngman Woolen Mills Private Limited<\/p>\n<p>19 Autoliv India Pvt. Ltd.<\/p>\n<p>20 Donear Industries Ltd.<\/p>\n<p>21 Endurafab Pvt. Ltd. (EPL)<\/p>\n<p>22 Fibrevault Nonwovens Private Limited<\/p>\n<p>23 Mohini Health &amp; Hygiene Ltd. (MHHL)<\/p>\n<p>24 Niine Private Limited<\/p>\n<p>25 Nobel Hygiene Private Limited<\/p>\n<p>26 Obeetee Private Limited<\/p>\n<p>27 Pan Tex Nonwoven Private<\/p>\n<p>28 Rad Global Private Limited<\/p>\n<p>29 Shruthi Financial Services Private Limited<\/p>\n<p>30 Swara Baby Products Private Limited<\/p>\n<p>31 Candex Filament Private Limited<\/p>\n<p>32 Gainup Industries India Private Limited<\/p>\n<p>33 Gokaldas Exports Limited<\/p>\n<p>34 Indian Designs Export Private Limited<\/p>\n<p>35 Infiiloom India Private Limited<\/p>\n<p>36 Pearl Global Industries Limited<\/p>\n<p>37 Sangam (India) Limited<\/p>\n<p>38 Texport Industries Private Limited<\/p>\n<p>39 Toray International India Private Limited<\/p>\n<p>40 Teejay India Private Limited<\/p>\n<p>41 SKAPS Industries India Private Limited<\/p>\n<p>42 Artex Overseas Private Limited<\/p>\n<p>43 Best Corporation Private Limited<\/p>\n<p>44 Evertop Textile &amp; Apparel Complex Private Limited<\/p>\n<p>45 Ginza Industries Limited<\/p>\n<p>46 Jalan Jee Polytex Limited<\/p>\n<p>47 Kanodia Global Private Limited<\/p>\n<p>48 Lotus Hometextiles Limited<\/p>\n<p>49 N Z Seasonal Wear Private Limited<\/p>\n<p>50 Microtex Processors Private Limited<\/p>\n<p>51 Monte Carlo Fashions Limited<\/p>\n<p>52 Rane TRW Steering Systems Private Limited<\/p>\n<p>53 Shree Tirupati Balajee Agro Trading Company Private<\/p>\n<p>54 Arvind Limited<\/p>\n<p>55 Ginni Filaments Limited<\/p>\n<p>56 Grand Handloom Private Limited<\/p>\n<p>57 K G Denim Limited<\/p>\n<p>58 Suchi Industries Limited<\/p>\n<p>59 SVG Fashions Private Limited (subject to formation of a new company for investment and production under the Scheme as per existing guidelines)<\/p>\n<p>60 SVP Global Textiles Limited<\/p>\n<p>61 Techno Sportswear Private Limited<\/p>\n<p>&nbsp;<\/p>\n<p>Stating that although India was the largest producer of cotton, Shri UP Singh said that it was necessary to make our mark in man made fibres as well if we were to achieve the textile export target of\u00a0 USD 100 billion by 2030.<\/p>\n<p>Elaborating on the immense scope and potential of technical textiles, Shri Singh said that sectors such as geotextiles need much more encouragement to improve use, demand and penetration and intensive research and development activities.<\/p>\n<p>&nbsp;<\/p>\n<h3 class=\"entry-title\"><a href=\"https:\/\/newsmakhani.com\/pm-greets-everyone-on-the-occasion-of-khalsa-saajna-diwas\/\" rel=\"bookmark\">READ\u00a0 MORE\u00a0 :-\u00a0 PM greets everyone on the occasion of Khalsa Saajna Diwas<\/a><\/h3>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>\u0a2e\u0a3e\u0a2b\u0a3c \u0a15\u0a30\u0a28\u0a3e, \u0a07\u0a39 \u0a16\u0a2c\u0a30 \u0a24\u0a41\u0a39\u0a3e\u0a21\u0a40 \u0a2c\u0a47\u0a28\u0a24\u0a40 \u0a2d\u0a3e\u0a38\u0a3c\u0a3e \u0a35\u0a3f\u0a71\u0a1a \u0a09\u0a2a\u0a32\u0a2c\u0a27 \u0a28\u0a39\u0a40\u0a02 \u0a39\u0a48\u0964 \u0a15\u0a3f\u0a30\u0a2a\u0a3e \u0a15\u0a30\u0a15\u0a47 \u0a07\u0a71\u0a25\u0a47 \u0a26\u0a47\u0a16\u0a4b\u0964 Proposed total investment expected from Applicants is Rs. 19,077 crore and a projected turnover is Rs. 184,917 crore with a proposed employment of 240,134 Government approved PLI Scheme for Textiles products for enhancing India\u2019s manufacturing capabilities and enhancing exports with [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":60379,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[109,122],"tags":[31120,56731],"class_list":["post-143752","post","type-post","status-publish","format-standard","has-post-thumbnail","category-national","category-news","tag-ministry-of-commerce-industry","tag-news-makhani"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/posts\/143752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/comments?post=143752"}],"version-history":[{"count":0,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/posts\/143752\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/media\/60379"}],"wp:attachment":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/media?parent=143752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/categories?post=143752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/tags?post=143752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}