Wazir Webinar | Textile Sector PLI Scheme
Please find attached excerpts from the presentation shared during the webinar.
India’s Production Linked Incentive (PLI) Scheme for the textile and apparel sector is a game-changer aimed at expanding the country’s manmade fiber (MMF) production and technical textiles portfolio.
With a budget outlay exceeding Rs. 10,600 crore, the PLI scheme incentivizes investments in high-value garment manufacturing across woven, knitted, and technical textile categories.
Applicants must meet investment and turnover criteria to qualify for escalating incentives through FY2026-29, encouraging large-scale capacity expansion and modernization.
The scheme targets broadening India’s textile base beyond cotton by promoting innovative fabrics, active and fashion wear, and speciality technical textiles—including medical, defense, and smart textiles. Integrated textile parks, garment unit efficiency improvements, and digital technology adoption are also key focus areas.
Notably, the PLI scheme supports sustainability with green energy adoption and wastewater treatment incentives, aligning growth with environmental priorities.
As per Wazir Advisors, a premier consulting firm this policy strengthens India’s textile manufacturing ecosystem, accelerates export competitiveness, and fortifies the country’s position as a global textile leader.
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