The Indian government has approved 17 companies for benefits under its Production-Linked Incentive (PLI) Scheme for Textiles. This national program is designed to boost manufacturing in the country and increase India’s competitiveness globally.
The selected firms will focus on producing high-demand items, including Man-Made Fibre (MMF) apparel and fabrics, as well as specialised Technical Textiles used in industries such as healthcare and infrastructure.
The government is essentially offering these companies financial rewards (incentives) tied to their future sales performance, encouraging them to expand their operations in India. In return for receiving these benefits, the 17 firms have committed a combined investment of ₹2,374 crore into new or expanded facilities.
The government and the companies project that these new ventures will generate over ₹12,893 crore in total sales and create an estimated 22,646 new jobs across the country.
This initiative is a strategic move to move the Indian textile industry into higher-value products beyond traditional cotton textiles, helping it capture a larger share of the global market.
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To ensure broader industry participation, particularly from small and medium enterprises, the government has recently eased some of the scheme’s criteria and reopened the application portal. Interested businesses can find further details on the Ministry of Textiles website regarding eligibility and the application process. The current application window is set to remain open until the end of 2025.
