GOI has Started Implementing the PLI Scheme for Textiles on Pan India Basis: MoS

The government has started implementing the Production Linked Incentive (PLI) Scheme for Textiles on Pan India basis, Pabitra Margherita, the Minister of State (MoS) for Textiles, said in a written reply to a question in Rajya Sabha.

The MoS, quoted by the Ministry of Textiles in a statement, added PLI scheme is aimed at promoting the production of MMF Apparel, MMF fabrics, and products of Technical Textiles to achieve size and scale and to become competitive.

As per the Ministry’s Budget Estimate 2025-26, approx. 22 per cent of the budget is dedicated to the PLI Scheme for Textiles. Out of the 74 applicants selected under the scheme, 24 are MSMEs. Rs. 1,143 cr are allocated for disbursement under the PLI scheme to the companies on achieving the prescribed threshold investment and threshold turnover, the MoS added.

The Budget announced an outlay of Rs. 5272 crores (Budget Estimates) for the Ministry of Textiles for 2025-26. This is an increase of 19 percent over the budget estimates of 2024-25 (Rs. 4417.03 crore). This is to promote domestic production of technical textile products such as agro-textiles, medical textiles, and geo-textiles at competitive prices, and two more types of shuttle-less looms added to the list of fully exempted textile machinery.

Source: https://www.aninews.in/news/business/centre-has-started-implementing-pli-scheme-for-textiles-on-pan-india-basis-mos20250401143339/

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