The textile industry is expecting an announcement soon on a revised Production Linked Incentive (PLI) scheme for the sector, with focus on manmade fibre (MMF) textiles. Union Minister for Textiles Giriraj Singh recently posted on X, “From expanding opportunities to smoother implementation, the PLI Scheme is now more dynamic than ever. With new reforms, the […]
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Easing inflation concerns lift business sentiment to six-year high, as per S&P Global India Manufacturing PMI Easing inflation concerns lift business sentiment to six-year high, as per S&P Global India Manufacturing PMI Indian manufacturers reported the fastest increase in production and new orders this August since November 2021, thanks to higher strengthening demand conditions and […]
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The plants are estimated to cost $12 billion to $23 billion each and create at least 900 jobs The plants are estimated to cost $12 billion to $23 billion each and create at least 900 jobs Samsung Electronics has begun applications for tax breaks for 11 potential chip plants in Texas adding up to investments […]
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