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Labrish
Nyuuz
Government extends PLI textiles deadline to December 31
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[QUOTE="Munyaradzi Mafaro, post: 63501, member: 636"] The Indian government extended the deadline for applications under the Production Linked Incentive scheme for textiles until Dec. 31 after receiving significant interest from industry participants. The Ministry of Textiles announced on Friday that the portal will remain open to allow additional investors to join the program. Applications have surged since August 2025 from sectors such as Man-Made Fibre apparel, MMF fabrics, and technical textiles. The extension reflects strong demand and confidence in domestic textile manufacturing capabilities. The PLI scheme received approval in September 2021 with a budget of Rs 10,683 crore to boost MMF and technical textile production. MMF exports reached approximately Rs 525 crore in fiscal year 2024-25, while technical textile exports increased to Rs 294 crore from Rs 200 crore the previous year. The government's PLI initiatives across multiple sectors have attracted investments exceeding Rs 1.76 lakh crore. Total sales by PLI participants surpassed Rs 16.5 lakh crore, demonstrating substantial growth in textiles, electronics, pharmaceuticals, and automotive manufacturing. [/QUOTE]
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Nyuuz
Government extends PLI textiles deadline to December 31
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