The Ministry of Textiles, Government of India, has extended the Production Linked Incentive (PLI) Scheme for Textiles until 31 March 2026, in response to strong industry participation and significant interest in MMF Apparel, MMF Fabrics, and Technical Textiles.
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Key updates to the PLI Scheme include:
Expanded product coverage: Inclusion of 8 new HSN codes for MMF apparel and 9 new HSN codes for MMF fabrics, widening the eligibility base.
Flexibility in business structure: Applicants can now establish project units within existing companies, removing the earlier requirement to form new entities.
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Reduced investment thresholds (effective 1 August 2025):
INR 150 crore for large units
INR 50 crore for smaller units
Relaxed turnover criteria: From FY 2025–26 onwards, new applicants need to achieve only 10% minimum incremental turnover (reduced from 25%), applicable from the second year of operations.
CREDITS: The piece of information is directly taken from Wazir Advisors official id. The content has not been edited and reviewed by us.
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