India's textile PLI scheme: Investment thresholds cut by half to boost growth

The Ministry of Textiles has announced significant revisions to the Production Linked Incentive (PLI) Scheme for man-made fibre (MMF) apparel, MMF fabrics, and products of technical textiles, aiming to accelerate growth and enhance the ease of doing business in the sector. These amendments are designed to encourage fresh investments and foster employment, reinforcing India’s drive for leadership in the global textile market.