India weighs extending Rs 10,683-cr textile PLI scheme past 2028-29 as industry response builds
The government is considering a one-to-two-year extension of the Rs 10,683 crore (US$1.12 bn) textile PLI scheme beyond FY28-29 to accommodate more applicants. The move signals sustained policy backing for apparel and MMF manufacturers, with potential to widen the eligible pool and deepen domestic capacity build-out.
India's government is weighing a one-to-two-year extension of the Rs. 10,683-crore textile PLI scheme beyond 2028-29 to accommodate more applicants, signaling sustained policy support for textile and apparel manufacturers.