The Government of India has announced an extension of the application window for the Production Linked Incentive (PLI) scheme for textiles until September 30, 2025. This move comes after receiving what officials described as a strong and enthusiastic response from industry participants.
The scheme, aimed at supporting large-scale investment in the textiles sector, had recently reopened for fresh applications, reflecting the growing interest from both domestic and international investors. By pushing back the deadline, the government seeks to encourage more companies to take advantage of the incentives designed to strengthen India’s position in the global textile supply chain.
During the most recent invitation for applications in August, the government received 22 new proposals from companies engaged in manmade fibre (MMF) apparel, fabrics, and technical textiles. This interest highlights the increasing confidence in India’s capacity to manufacture high-quality textile products and the expanding opportunities in the MMF and technical textiles space.
According to an official communication, “Government gives one more chance to prospective investors to benefit from the scheme.” The reopening of the window is being seen as a reflection of both the industry’s appetite to invest further and the wider growth prospects of the Indian textiles sector.
The ministry emphasised that the decision is an outcome of the positive momentum generated by the scheme so far, as more firms seek to expand their operations under the government’s support framework.
So far, 74 companies have been selected as beneficiaries under the PLI scheme, representing a committed investment of ₹28,711 crore. These companies cover diverse areas of the textiles value chain, with an emphasis on MMF-based products and technical textiles, two sectors identified as critical for enhancing India’s global competitiveness.
The ministry, however, has clarified that “No application shall be accepted after the closure of the application window.” This underlines the importance for potential applicants to adhere strictly to the new timeline, as the government intends to conclude the selection process in a structured manner.
Read More: TCS Salary Hikes Effective from September 1, 2025: High Performers Get Up to 10% Raise!
The extension of the PLI textile scheme provides fresh opportunities for investors to tap into India’s growing MMF and technical textiles market. With 74 companies already committed, the scheme continues to build confidence, attract significant investments, and strengthen India’s global competitiveness in the textiles sector.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 2, 2025, 2:59 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates