Source: economictimes.indiatimes.com

Kirtika Suneja | ET Bureau

Nov 30, 2022,

The threshold for textile manufacturing units to be eligible for sops under the proposed scheme would be investment in plant and machinery of ₹1 crore to ₹50 crore for MSMEs and above ₹50 crore for non-MSMEs. Incentives would be provided based on the turnover achieved after making the threshold investment in modernisation through installation of benchmarked technology.

The threshold for textile manufacturing units to be eligible for sops under the proposed scheme would be investment in plant and machinery of ₹1 crore to ₹50 crore for MSMEs and above ₹50 crore for non-MSMEs. Incentives would be provided based on the turnover achieved after making the threshold investment in modernisation through installation of benchmarked technology.

https://economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/on-the-cards-pli-type-scheme-to-replace-textile-tech-fund/articleshow/95865145.cms (Source: economictimes.indiatimes.com)