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India Budget: FM may announce PLI for footwear & leather industry

19 Jan '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • India is likely to announce new versions of Productivity Linked Incentive (PLI) scheme for various industries, including leather and footwear, in Union budget 2023-24 slated to be released on February 1, 2023, as per industry sources. Finance minister Nirmala Sitharaman has received many requests from various industries to introduce the PLI scheme for them.

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