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Featured News
Union Cabinet approves ₹10,000 crore Container Manufacturing Scheme to boost India's production
The Union Cabinet has approved significant schemes to enhance India's manufacturing infrastructure and capacity. The ₹10,000 crore Container Manufacturing Promotion Scheme aims to increase container production substantially by 2040. Additionally, the Pradhan Mantri Viksit Gram Swaraj Yojana will be implemented from 2026-27 to 2030-31, providing crucial funding. The Khelo India Sports Goods Manufacturing Scheme will also support sports equipment production from 2026 to 2034.
Government extends PLI scheme for textiles until 2033-34 to boost MSME participation and investments
The government has announced an extension of the Production Linked Incentive scheme for the textiles sector until 2034. This change aims to encourage more companies to participate by relaxing eligibility norms for investment. The textiles ministry has reduced the minimum turnover requirement for certain manufacturers from ₹200 crore to ₹100 crore. A reopened application portal will accept submissions for manufacturing various textiles from November 1 to December 31.
