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Policy rejig to nudge textile's transition to manmade fibers

The focus would be to facilitate development of new business models, technological advancement, development of new markets and products and even imposing extended producer responsibility for a transition towards a circular economy, a senior official said. The strategy comes amid the government's push to MMF and technical textiles for which it has approved a ₹10,683 crore production-linked incentive scheme last year.

from Industry-Economic Times
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