Home/MARKETS/INDIA/Article
MARKETS

Tamil Nadu textile industry urged to invest ₹11,000 crore under PLI scheme

Union Textile Minister Giriraj Singh called on Tamil Nadu's textile sector to take advantage of ₹11,000 crore Production Linked Incentive scheme during a meeting in Tiruppur. He stressed the importance of reaching a $21 billion textile export target for the state by 2030, pointing out the necessity for increased investment and collaboration.

BRIC Team
BRIC Team
Jun 28, 2026 · 1 min read · 5 views
Tamil Nadu textile industry urged to invest ₹11,000 crore under PLI scheme

Key Takeaways

  • Union Textile Minister Giriraj Singh announced a ₹11,000 crore PLI scheme to boost Tamil Nadu's textile sector during a meeting in Tiruppur.
  • Tamil Nadu aims for a $21 billion textile export target by 2030, according to Singh's ambitious plans.
  • Silk production in India has increased from 26,000 tonnes in 2014 to 43,000 tonnes, with a target of 60,000 tonnes by 2030.
  • The newly inaugurated GM Testing Laboratory at SITRA will help exporters meet global organic standards for cotton.
  • A. Sakthivel highlighted that the Textile Ministry is launching new initiatives every two months to support the industry.

Tamil Nadu's textile sector is being urged to seize Union government's ₹11,000 crore Production Linked Incentive (PLI) scheme,especially for technical textiles and manmade fibers. Union Textile Minister Giriraj Singh made this appeal at a Tiruppur meeting Sunday,organized by Tiruppur Exporters Association (TEA).

Singh stressed government has relaxed PLI scheme rules to boost investment in these areas. He outlined plans including $21 billion textile export target for Tamil Nadu by 2030. “We have factored in everything—machinery,employment,and other aspects,” he said,hoping for state-central collaboration .

He also urged industry to invest in regions with ample labor. Silk production in India jumped from 26,000 tonnes in 2014 to 43,000 tonnes now,with goal of 60,000 tonnes by 2030. Singh pushed for more exports of silk-based garments blended with other fibers.

A . Sakthivel,chairman of Apparel Export Promotion Council,noted Textile Ministry is launching new initiatives every two months,with all seven PM MITRA parks now operational. TEA president called for quick implementation of Textile Expansion and Employment Scheme (TEEM) and asked for extended benefits under Rebate of State and Central Taxes and Levies for three more years.

Later,Singh talked with textile machinery makers and met South India Textile Research Association (SITRA) officials in Coimbatore. Responding to requests for extending TEEM scheme benefits for spinning and cotton ginning machines,he asked industry reps for detailed proposals for Ministry review .

Singh urged Tamil Nadu textile industry to triple exports and invest in making local machinery for knitting,weaving,and processing. He opened a GM Testing Laboratory for cotton and cotton materials at SITRA. Lab aims to meet growing demand for traceability,quality assurance in global cotton trade.

Lab will help exporters meet organic standards like GOTS and OCS,requiring qualitative GM cotton screening. Recently accredited by NABL,the lab aims to strengthen region's position in competitive textile market…

#Coimbatore

Share this article

Related Articles

Saudi Aramco helicopter crash kills 14 in Ras Tanura near Strait of Hormuz

Saudi Aramco helicopter crash kills 14 in Ras Tanura near Strait of Hormuz

A helicopter crash in Ras Tanura, Saudi Arabia, on Sunday morning claimed the lives of 14 Saudi nationals. This tragic incident has sparked worries about possible disruptions to oil production, especially since Saudi Aramco had recently restarted operations at the terminal following a four-month halt.

BRIC Team

Jun 28, 20262 views
Ukrainian drone attack ignites Russian oil refinery, killing two in Krasnodar

Ukrainian drone attack ignites Russian oil refinery, killing two in Krasnodar

Ukrainian drone strikes hit an oil refinery in Slavyansk-na-Kubani, Russia, on Sunday, leading to at least two deaths. This assault fits into Ukraine's broader strategy to disrupt Russian military supplies and has heightened pressure on President Vladimir Putin to think about negotiations as the conflict continues.

BRIC Team

Jun 28, 20266 views
Banco Do Brasil sees significant rise in short interest for June 2026

Banco Do Brasil sees significant rise in short interest for June 2026

Banco Do Brasil SA experienced a significant jump in short interest, reaching 1,142,645 shares by June 15, which represents a staggering 181.2% rise compared to the prior month. This increase coincides with a wave of caution from analysts, highlighted by Goldman Sachs downgrading the bank to a "strong sell" rating on April 29.

BRIC Team

Jun 28, 20261 views
BOC Hong Kong Ltd. reports 50% increase in short interest in June 2026

BOC Hong Kong Ltd. reports 50% increase in short interest in June 2026

Short interest in BOC Hong Kong Ltd. jumped to 5,633 shares by June 15, marking a 221.7% increase from May's 1,751 shares. This significant surge in bearish sentiment may result in increased scrutiny of the bank's performance and market strategies in the weeks ahead.

BRIC Team

Jun 28, 20263 views
Madras High Court denies bail to suspended police inspector in gold coin fraud case

Madras High Court denies bail to suspended police inspector in gold coin fraud case

Madras High Court has denied anticipatory bail to suspended Inspector of Police Sheela Mary. She faces accusations of orchestrating a financial fraud amounting to ₹89.32 lakh from bank manager S. Venkatraman. This ruling underscores the gravity of the allegations as investigations into the scheme, which defrauded victims of approximately ₹2 crore, are still ongoing.

BRIC Team

Jun 28, 20266 views
Young couple found dead in Mokila home amid financial distress concerns

Young couple found dead in Mokila home amid financial distress concerns

Bala Sai, 32, and his wife Padma, 25, were discovered dead in their home in Janwada village on June 28, 2026. Investigators are looking into the couple's financial difficulties as a possible reason for their tragic deaths. Meanwhile, officials are encouraging anyone in distress to reach out to suicide prevention helplines at 8142020033/44 and 040 66202000/2001.

BRIC Team

Jun 28, 20265 views