GoI Extends PLI Scheme for Textiles to 31 March 2026
On January 2, 2025, the Ministry of Textiles (MoT) has extended the deadline for submission of fresh applications under the Production Linked Incentive (PLI) Scheme for Textiles to March 31, 2026, from December 31, 2025.
On January 2, 2025, the Ministry of Textiles (MoT) has extended the deadline for submission of fresh applications under the Production Linked Incentive (PLI) Scheme for Textiles to March 31, 2026, from December 31, 2025.
- What? PLI Scheme for Textiles extended
- Who? Ministry of Textiles
- New Deadline: 31 March 2026
- PLI Scheme: Launched in September 2021 with outlay of Rs. 10,683 crore for a five-year period from FY22 to FY26.
About Textile PLI Scheme:
Launch: The PLI Scheme for Textiles is an initiative launched in September 2021 with the budget outlay of Rs.10,683 crores for a period of 5 years from Financial Year 2021-22 (FY22) to FY26 with an aim to promote manufacturing, global competitiveness, and exports in selected segments of the textile industry.
Focus Areas: The scheme prioritises support for areas such as Man-Made Fibre (MMF) Apparel, MMF Fabrics, and Technical Textiles, including advanced performance fibres and specialised products.
Progress: Under the scheme, 74 applications have been approved so far, with proposed investments amounting to approximately Rs. 28,711 crore.
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