Centre eyes 1-2 year extension of Rs 10,683-cr textile PLI as 96 applicants pull in capacity
Government is likely to stretch the textile PLI scheme beyond 2028-29 amid strong industry uptake, with Rs 400 crore already disbursed across 96 applicants. Officials are open to enlarging the incentive pool to push domestic manufacturing toward the $100 billion export goal.
Government likely to extend Rs 10,683-crore textile PLI scheme by 1-2 years beyond 2028-29 amid strong industry interest, with 96 applicants enrolled and openness to expanding the incentive pool to boost domestic manufacturing and exports.