Powered by: Motilal Oswal
2026-01-05 12:58:21 pm | Source: Accord Fintech
Government extends PLI Scheme deadline for Textile Sector till March 2026
Government extends PLI Scheme deadline for Textile Sector till March 2026

With an aim to provide relief to textile manufacturers and investors, the textile ministry has said that the government once again extended the deadline for submission of fresh applications under the Production Linked Incentive (PLI) Scheme for Textiles till the end of March 2026. Earlier, the last date for filing new applications was December 31, 2025.

The ministry said this decision follows a strong response received since the application portal was reopened in August 2025, with proposals being submitted by textile companies across priority areas, including man-made fibre (MMF) apparel, MMF fabrics, and technical textiles. It said the decision underscores the growing investor confidence in India's textile sector and aims to facilitate wider participation by offering additional time to eligible applicants.

Launched on September 24, 2021, PLI Scheme for Textiles aims to promote production of MMF Apparel & Fabrics and products of Technical Textiles in the country to enable textile industry to achieve size and scale, become competitive, create employment opportunities for people and support creation of a viable enterprise and competitive textile industry with an approved outlay.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here