Lineup Tax Consultants PM MITRA scheme for textiles sector : to boost FDI and local investment

๐Ÿ”† GREAT Scheme (Grant for Research & Entrepreneurship across Aspiring Innovators in Technical Textiles) – Recently 4 startups has been approved and received grant of Rs. 50 Lakhs each.

๐Ÿ”† PM Mitra Parks (Outlay 4,445 Cr upto 2027-28)- 7 PM Mitra Parks to be setup in Tamil Nadu, Telangana, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh & Maharashtra.

๐Ÿ”† Production Linked Incentive (PLI) Scheme for Textiles (Outlay 10,683 Cr) – to promote production of MMF Apparel and Fabrics and Technical Textiles. Till now 73 companies has been selected under the scheme.

๐Ÿ”† Advance research and innovation in Technical Textiles sector (Outlay 1,480 Cr) – 137 research and development projects have been sanctioned so far.

๐Ÿ”† Rebate of State and Central Taxes and Levies (RoSCTL) – for Exports of Apparel / Garments and made-ups.

๐Ÿ”† Kasturi Cotton Bharat Brand (Outlay 30 Cr)- QR based certification technology to provide complete traceability, certification and branding of Kasturi Cotton Bharat. All ginners across the country can get registered and participate to get their bales certified as per stipulated protocols.

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