Government officials believe that a shift towards sustainability in the textile sector is crucial for maintaining a competitive edge in the global market. The ministry of textiles is preparing the framework and has been in consultations with the industry to take into consideration its views.
"Apart from focus on implementation of the production-linked incentive (PLI) scheme and PM MITRA for the textiles sector, something that's under consideration is sustainability as it is here to stay, even internationally. We plan to come up with a broad approach paper and framework and that should happen soon," a senior government official told Business Standard.
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