Ministry of Textiles Announces Amendments to PLI Scheme

The Ministry of Textiles has introduced significant amendments to the Production Linked Incentive (PLI) Scheme aimed at boosting the MMF and Technical Textiles sectors. Key changes include the expansion of eligible products, relaxation of company setup requirements, reduction in minimum investment thresholds, and a decrease in incremental turnover criteria for incentives. The application portal for the scheme has been extended until December 31, 2025, encouraging wider industry participation and investment in India's textile manufacturing sector.

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