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The Union Cabinet is expected to approve the Production Linked Incentive (PLI) Scheme for Textiles sector of Rs 10,683 crores tomorrow.

A short 🧡on Himatsingka Seide, which operates the world's largest Cotton Spinning plant!
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Himatsingka Seide is an integrated Home Textile player focused on:
βœ… Bedding (Bed-Pillow sheets)
βœ… Bath (Terry towels)
βœ… Drapery
βœ… Yarn & Fibre
Branded portfolio constitutes ~90% of sales.

Exports to 32 countries (80% of sales from US); strong focus on Europe.
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Model: Owned private + licensed brands

It has procured manufacturing and distribution rights for 15 top-notch global brands due to its vast distribution network and in-house design capabilities.

In FY21, it has added The Walt Disney co. to its global portfolio in Europe.
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