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3 stories in Policy & trade · Clear all
First approved in September 2021, the textile PLI scheme could run four more years under government plans, with simpler criteria for MSMEs. That may help smaller apparel and textile makers qualify for incentives.
India is expected to keep its 11% customs duty exemption on imported cotton until the end of December, sources indicate. Cheaper raw cotton would ease costs for textile and garment makers.
India will fund certification for micro and small exporters under EPM, according to Goyal, a step that could ease compliance costs for smaller players in the textile and apparel export chain.
