The Indian man-made fiber and technical textiles sector is actively pursuing global competitiveness, as recent developments have tied government incentives to new investments and increased turnover. To this end, the Ministry of Textiles has reopened the application portal for the Production Linked Incentive (PLI) Scheme, which specifically targets man-made fiber (MMF) apparel, fabrics, and technical textiles. The portal will remain accessible until August 31, 2025, as announced by the Manmade Fibre & Technical Textiles Export Promotion Council (MATEXIL).
The India PLI Scheme for the textile industry is designed to stimulate large-scale investments, drive innovation, and ensure sustainability, all while enhancing India’s position in the global textile industry. Eligible enterprises will receive incentives that are directly linked to the additional turnover resulting from new investments and expanded production capabilities.
The reopening of the PLI application portal has been met with enthusiasm. Shaleen Toshniwal, Chairman of MATEXIL, commented, “This move is very encouraging, as it opens the door for textile companies that previously missed the chance to apply. With incentives structured to support growth and investment, this scheme presents a unique opportunity for Indian companies to upgrade their operations and improve their global competitive stance.”
Several industry reports highlight that this scheme could potentially transform the landscape of India’s textile sector. Applications under the India PLI Scheme for the textile industry focus on boosting the production of man-made fibers, which account for a considerable portion of the country’s textile exports. The Indian government originally launched this initiative in 2021, with the intent to increase manufacturing output and reduce dependence on imported materials.
Furthermore, the favorable response from the industry indicates that stakeholders recognize the PLI Scheme as a critical component to support innovation and sustainability goals in textile manufacturing, especially as global demand for eco-friendly products continues to rise.
As the application deadline approaches, textile companies are urged to leverage this opportunity to strengthen their market position and contribute to India’s ambition of achieving $100 billion in textile exports by 2030. The reopening of the PLI portal represents not just a financial incentive but a strategic push toward a more resilient and competitive textile industry in India.
