Textile stock secures Rs 171-cr order amid industry buoyancy, spike in manufacturing

The textile industry is one of the largest sources of employment generation in the country. According to PIB data, the industry employs over 4.5 crore people directly, including a large number of women and rural populations. The government has taken a number of measures, including the production-linked incentive (PLI) scheme, to boost the textile sector and generate employment as a whole. The government is likely to tweak the PLI scheme to make it more attractive and bolster manufacturing in the labour-intensive sector.

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