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PLI Scheme Reshapes India’s Textile Landscape With Rs 7,343 Crore Investment Surge

Updated: July 15, 2025 01:50

Image Source : ifab media
India’s Production Linked Incentive (PLI) Scheme for Textiles has emerged as a transformative force, catalysing investment, innovation, and global competitiveness in the manmade fibre (MMF) and technical textiles segments. Operational from September 2021 to March 2030, the scheme is driving scale and efficiency across the industry.
 
Key Developments And Impact
  • The scheme has attracted Rs 7,343 crore in investments, generated Rs 4,648 crore in turnover, and enabled Rs 538 crore in exports  
  • Incentives are linked to achieving 25 percent incremental turnover yearonyear, with a total outlay of Rs 10,683 crore  
  • Disbursements will span FY26 to FY30, based on performance from FY25 to FY29  
  • Technical textiles account for 57 percent of the 74 selected applications, reflecting a strategic pivot toward highvalue segments  
  • Beneficiary firms report accelerated automation, product development, and employment generation  
Strategic Context
  • The Ministry of Textiles has expanded eligible product coverage and approved early disbursements of Rs 54 crore  
  • The scheme supports production of advanced materials like auto safety gear, glass fibre, and carbon fibre  
  • It aims to position India as a global hub for MMF and technical textiles, challenging dominant exporters like China and Vietnam  
  • Priority is given to investments in aspirational districts and Tier 3/4 towns to decentralise growth  
Sources: ThePrint, The Hindu BusinessLine, Ministry of Textiles, Tribune India, PIB India.

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