As Surat is a textile hub and accommodates reputed organisations, a team of dignitaries led by UP Singh decided to visit few facilities as part of the ministry’s endeavours of understanding the issues in textile and technical textile sectors from the grassroots level. Texport’s Advanced Material Division (AMD) is one of such facilities where the visit was made.

Shahi Exports, Orient Craft and leading textile company Pallavaa Group are some of the leading companies who are interested in Production Linked incentive (PLI) scheme.

The Government has decided not to ‘pre-judge’ the suitability of any location for the proposed Mega Investment Textiles Parks (MITRA) scheme, under which seven parks will be set up in the country.

As per the DRHP (Detailed Red Herring Prospectus) of the Vedant Fashions (Manyavar), the issue comprises a pure offer for sale (OFS) of up to 36.36 million shares by its existing promoter and shareholders.

KT Rama Rao, Industries & Commerce and Information Technology, Telangana wrote a letter to Union Textile Minister Piyush Goyal and requested to add cotton in Production Linked Incentives (PLI) scheme.