The Ministry of Textiles (MoT) has again extended the timeline for submission of applications under the Production Linked Incentive (PLI) scheme for textiles by another 14 days, till 28 February.
This is the second time that MoT has extended the date in this regard as the earlier deadline for submission of online application under the PLI scheme for textiles was 14 February, which was extended from 31 January.
With an approved outlay of Rs. 10,683 crore for five years to promote the production of MMF apparel, MMF fabrics and products of technical textiles, PLI scheme is expected to attract good investment.
The scheme had got Cabinet’s nod in September and it is operational from 24 September 2021 to 31 March 2030.
As per reports, MoT so far received 69 registrations, 42 file draft applications and 8 final ones. It has been said that MoT may be able to select 50-60 companies for the scheme, but the actual number would be tied to the size of the proposals coming in.
As this is a fund limited scheme, the number of beneficiaries would depend on how big the companies are and what kind of projections they make. It may be possible that the available fund gets exhausted with 20-25 companies, or it may be possible to accommodate 60-70 companies.
Bharat Tex Special Report 2026 
