Has the Deadline for the PLI Scheme for Textiles Been Extended?
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Synopsis
The deadline for the PLI scheme for textiles has been extended to March 31, 2026, allowing more companies to benefit from government incentives. This move reflects growing investor confidence in India's textile industry as it experiences significant growth in investment and exports.
Key Takeaways
- Deadline for PLI scheme extended to March 31, 2026.
- Encourages participation from more textile companies.
- 74 applications selected, promising significant investments.
- Textile sector shows promising growth in investment and exports.
- Cotton industry remains a critical component of textile production.
New Delhi, Jan 2 (NationPress) - The government has officially declared an extension of the deadline for new applications under the Production Linked Incentive (PLI) scheme for textiles, now running until March 31, 2026.
The Ministry of Textiles stated that this extension comes in response to a strong influx of applications since the reopening of the application portal in August 2025. Proposals have been submitted by textile companies across key sectors, including Man-Made Fibre (MMF) apparel, MMF fabrics, and Technical Textiles.
This decision signals increasing investor confidence in India's textile industry and aims to encourage broader participation by granting additional time to eligible applicants, according to the ministry.
Furthermore, India's textile sector experienced notable growth in both investment and exports during 2025, driven by government incentive programs and economic reforms that enhance the business environment.
A total of 74 applications were chosen under the PLI scheme for textiles, with a total proposed investment of approximately Rs 28,711 crore. This investment is projected to yield a turnover of Rs 2,16,760 crore and create jobs for 2,59,164 people. Many participating companies have already begun investing in their projects.
The Textiles Trade Promotion (TTP) division has been crucial in boosting India's global textile presence, overseeing export performance through eleven Export Promotion Councils. In 2024, India became the 6th largest exporter of textiles and apparel, contributing 8.63 percent to India’s total exports and accounting for 4.1 percent of global trade.
The cotton industry, vital to India's agricultural economy and supporting nearly 6 million farmers and 40–50 million people in the value chain, remains a key player in textile production and foreign exchange earnings.
In the 2024–25 cotton season, the government, through the Cotton Corporation of India Ltd. (CCI) under the Ministry of Textiles, successfully procured 525 lakh quintals of seed cotton (equivalent to 100 lakh bales) under MSP operations, disbursing Rs 37,450 crore to farmers, covering 38 percent of arrivals and 34 percent of national production.
Point of View
I observe that the extension of the PLI scheme's deadline is a strategic move by the government, reinforcing its commitment to fostering growth in the textile sector. This decision will likely stimulate further investment, creating opportunities for many businesses and enhancing India's position in the global textile market.
NationPress
02/01/2026
Frequently Asked Questions
What is the new deadline for the PLI scheme for textiles?
The new deadline for the PLI scheme for textiles has been extended to March 31, 2026.
What sectors are included in the PLI scheme?
The PLI scheme includes sectors such as Man-Made Fibre (MMF) apparel, MMF fabrics, and Technical Textiles.
How much investment is expected from the PLI scheme?
The total proposed investment under the PLI scheme is around Rs 28,711 crore.
How many jobs will the PLI scheme create?
The PLI scheme is expected to create employment for approximately 2,59,164 individuals.
How has the textile sector performed recently?
The textile sector has seen a surge in investment and exports, contributing significantly to India's economic growth.
