Textile PLI shows traction: raincoat imports zeroed, men's briefs exports 2.5x to $66.4M
India's ₹10,683 cr Textile PLI scheme is delivering early import substitution and niche export wins. Synthetic raincoat imports fell to zero from $2.9M, while clinical diaper exports jumped 193% to $7.7M and men's briefs exports rose 2.5x to $66.4M. 170 approved applicants project ₹41,500 cr in investment across MMF and technical textiles.
India's textile PLI scheme shows early traction: imports of synthetic raincoats, men's outerwear and dyed knit fabrics fell sharply while exports of clinical diapers, men's briefs and MMF fabrics surged, with 170 applicants projecting ₹41,500 crore investment.