BORANA WEAVES LIMITED : APPROVED FOR TEXTILES PLI SCHEME

• Borana Weaves Limited has received a Letter of Approval from the Ministry of Textiles, Government of India. • The approval is for the induction of the company as a participant under the Production Linked Incentive (PLI) Scheme for Textiles - Round 3 (PLI-Textiles). • The company is approved for the MMF Fabrics segment in the Part-2 category. • The approval is subject to the company abiding by the provisions of the PLI Scheme & Guidelines. • The certificate/approval is based on prescribed documents and is liable to be cancelled if any information is found to be incorrect or misleading. • This approval letter does not guarantee disbursement of incentive, which depends on verification of investment, turnover, value addition, and other criteria.

Borana Weaves Ltd

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