The Indian textile industry is of the view that for Production Linked Incentive (PLI) 2.0 (for the textile sector), the investment threshold should be Rs. 25 crore.
Also, it believes, in line with other segments having PLI scheme, the incremental growth should be around 10 per cent.
MoT is working on the contours of the scheme and no final decision has been yet taken on coverage.
The Ministry of Textiles (MoT) has started stakeholder consultation on the launch of PLI 2.0 and a meeting was held in this regard in which senior officials of MoT and industry representative participated.
Various stakeholders highlighted in the meeting to not consider any condition imposing the formation of a new company for the purpose of investment. They also urged to consider knitted fabrics in the scheme.
As the data unavailability is a major challenge, there is dire need of a proper mechanism for tracking real time data.
The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) also suggested that there may be changes in trading of the notified HS lines in this fashion world. Therefore, it was suggested to include more HS lines so that the applicant has sufficient flexibility.
Recently, the Government had approved 61 applications with an investment potential of Rs. 19,077 crore under the PLI scheme for textiles.
Also Read: These 61 companies get approval under PLI scheme for textiles!
Bharat Tex Special Report 2026 
