Borana Weaves Limited has been selected under the Production Linked Incentive (PLI) Scheme for Textiles for the Man-Made Fibre (MMF) segment under the Part-2 category, marking an important step in the company’s expansion in India’s technical and synthetic textile manufacturing space.
The approval from the Ministry of Textiles makes the company eligible to participate in the government’s textile PLI scheme, although actual incentive disbursement will depend on Borana Weaves meeting the prescribed investment, turnover and value-addition conditions.
Approval strengthens Borana Weaves’ position in MMF manufacturing
According to the company, the formal approval letter from the Ministry of Textiles confirms its selection under the PLI Scheme for Textiles for the MMF segment. The scheme is part of the Indian government’s strategy to strengthen domestic textile manufacturing, encourage investment in value-added products and improve India’s global competitiveness in man-made fibre and technical textiles.
However, the Ministry has clarified that approval under the scheme does not automatically guarantee the release of incentives. Incentive payments will be subject to verification of:
- cumulative new domestic investment
- turnover of notified products
- fulfilment of prescribed value-addition norms
Borana Weaves said it will establish a separate project unit under the company to implement the PLI-linked project and participate in the scheme.
Gujarat weaving unit expected to benefit
The company recently commissioned a specialised weaving unit in Gujarat, which is expected to become the primary beneficiary of the PLI incentives once the investment and production targets are met.
Borana Weaves also reported a 12% year-on-year increase in technical textile export volumes in May 2026, reflecting growing demand for its products and strengthening its export-oriented manufacturing profile.
Integrated textile manufacturing platform
Borana Weaves Ltd. describes itself as an integrated textile manufacturer and one of India’s producers of microfilament woven fabrics. The company operates a fully integrated production system from fibre to fabric under one roof.
Its current manufacturing capacity stands at 220 million metres (22 crore metres) per year of synthetic and blended greige polyester woven fabrics. Production is supported by manufacturing facilities equipped with advanced high-speed water jet looms.
PLI support could aid future expansion
Selection under the textile PLI scheme could support Borana Weaves’ long-term growth strategy by enabling fresh investments in MMF-based manufacturing and value-added textile products. The government’s PLI programme is aimed at building scale in segments such as man-made fibre apparel, fabrics and technical textiles, while encouraging domestic production and exports.
For Borana Weaves, the approval provides a policy-backed growth opportunity, especially as the company continues to expand its weaving operations and strengthen its presence in synthetic and technical textile markets.