PLI Scheme – A Game Changer for India’s Textile Sector

Mumbai (Maharashtra) [India], July 14:  The Production Linked Incentive (PLI) Scheme for Textiles, launched in 2021, has emerged as a transformative initiative for India’s textile industry. Operational from 24th September 2021 to 31st March 2030, the scheme offers financial incentives for a period of five years to promote manufacturing in Manmade Fibre (MMF) apparel, fabrics, and technical textiles, thereby enabling scale, competitiveness, and global integration.

The Ministry of Textiles has taken several proactive measures to ensure…