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Global Trade Alert

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India: Production Linked Incentive Scheme for Textiles notified

Description

On 8 September 2021, the Indian Government approved a scheme to provide incentives on MMF apparel, MMF fabrics, and technical textiles for a period of 5 years from the financial year 2024-25. The sche...

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Intervention Details

Intervention Type

Local content incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

01 Apr 2024

Revocation date

31 Mar 2029

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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