The Union Ministry of Textiles has unveiled important updates to its Production Linked Incentive (PLI) Scheme, specifically targeting MMF (manmade fiber) apparel, MMF fabrics, and technical textiles. These strategic revisions aim to make the scheme more accessible and attractive to manufacturers by significantly lowering both the minimum investment and turnover criteria.
According to a recent press statement, applications submitted from August 1st onwards will benefit from these relaxed requirements. Previously, the minimum investment for Part One categories was ₹300 crore, which has now been halved to ₹150 crore. Similarly, for Part Two categories, the investment threshold has been reduced from ₹100 crore to ₹50 crore.
Beyond financial adjustments, the scheme has also broadened its scope to include a wider range of products. Eight new types of manmade fiber apparel and nine new varieties of MMF fabrics have been added, allowing more businesses to qualify for incentives.
Manufacturers interested in leveraging these revised benefits now have an extended period to apply. The PLI Scheme application portal will remain open until December 31, 2025, providing ample time for eligible companies to prepare and submit their proposals. These changes are expected to stimulate growth, innovation, and investment across India’s crucial textile and clothing sectors.