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India Revamps PLI Scheme to Boost MMF Investment

10/10/2025

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Summary

Story summary

The Indian government revised the Production Linked Incentive (PLI) scheme for manmade fiber (MMF) apparel, fabrics, and technical textiles to boost growth and investment.
The minimum investment requirement decreased from Rs 300 crore to Rs 150 crore for Part-1 and from Rs 100 crore to Rs 50 crore for Part-2.
The incremental turnover criteria for incentives was reduced from 25% to 10%.
Eight new HSN codes for MMF apparel and nine for MMF fabrics were introduced.
The application portal will remain open until December 31, 2025, to encourage industry participation.

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Story summary

The Indian government revised the Production Linked Incentive (PLI) scheme for manmade fiber (MMF) apparel, fabrics, and technical textiles to boost growth and investment.
The minimum investment requirement decreased from Rs 300 crore to Rs 150 crore for Part-1 and from Rs 100 crore to Rs 50 crore for Part-2.
The incremental turnover criteria for incentives was reduced from 25% to 10%.
Eight new HSN codes for MMF apparel and nine for MMF fabrics were introduced.
The application portal will remain open until December 31, 2025, to encourage industry participation.