Production Linked Incentive (PLI) Scheme for Textiles has been notified with a budgetary outlay of Rs 10683 crore to promote production of MMF Apparel, MMF Fabrics and Products of Technical Textiles in the country. The objective is to enable Textile sector to achieve size and scale and to become competitive.Theexports of Textiles & Apparel for the year 2018-19, 2019-20 and 2020-21 are USD 36,558 million, USD 33,379 million and USD 29,901 million, respectively. The export of Textiles & Apparel from April - December 2021 is USD 30449.85 million,posting an increase of 52% over the same period during 2020.

Details of Textiles & Apparel exports during April-November, 2021 is as under:

USD Million

April 2021	3244
May 2021	3061
June 2021	3053
July 2021	3571
August 2021	3355
September 2021	3417
October 2021	3410
November 2021	3229

 

Statement on year wise FDI equity inflows for Textiles (including dyed, printed) is as under:

Sl. No	Year	FDIin Rscrore
1	2018-19	1,383.49
2	2019-20	2,276.55
3	2020-21	2,210.33

 

This information was given by the Minister of state for Textiles Smt. DarshanaJardosh in a written reply in the Lok Sabha today.

***

DJN/TFK

(Release ID: 1794800) Visitor Counter : 1584