The Ministry of Textiles on Thursday announced significant amendments to the Production Linked Incentive (PLI) Scheme for textile products to tackle industry challenges and attract fresh investments.
The revised scheme for man-made fibre (MMF) apparel, fabrics, and technical textiles includes an expanded list of eligible products, a 50% reduction in the minimum investment threshold, and a lowered incremental turnover requirement — now set at 10% instead of 25% to qualify for incentives.
According to an official statement, these changes aim to improve ease of doing business, spur investment, and accelerate sectoral growth, reinforcing the government’s commitment to job creation and strengthening India’s position in the global textile market.
The amended guidelines have also been issued by the ministry.