India's Production Linked Incentive (PLI) Scheme for Textile Products has attracted Rs 8,117 crore in cumulative investments and generated 33,427 direct jobs as of March 31, 2026.
Business News
-
-
Arvind Fashions Ltd. reported a 15.5% year-on-year (YoY) increase in consolidated revenue from operations to Rs 1,278.5 crore for the quarter ended June 30.
-
The Bombay Textile Research Association (BTRA) and the Maharashtra Industrial Development Corporation (MIDC) have signed a Memorandum of Understanding (MoU) to establish India's first 120 tonnes per annum (TPA) Carbon Fibre Technology Demonstration Plant at the PM MITRA Park in Amravati, Maharashtra.
-
Super Sales India Ltd., a Coimbatore-based textile and engineering company, reported a rise in its financial performance for the first quarter ended June 30, with net profit increasing more than fivefold to Rs 9 crore from Rs 1.76 crore in the corresponding quarter last year.
-
According to the report, India's share of global apparel exports has remained at nearly 3% over the past two decades, while Bangladesh has increased its share to around 9-10% and Vietnam to about 6-7%.
-
The Tata Group's Trent plans to expand its premium fashion chain Westside by opening up to 100 stores annually, up from its current pace of 10–15 store openings a year.
