Centre re-opens PLI application for textiles till Aug 31

New Delhi, July 19 (KNN) The Ministry of Textiles on Tuesday decided to re-open the Product Linked Incentives (PLI) Portal till 31 August, 2023.

It has invited applications from interested companies under PLI scheme of Textiles for MMF Apparel, MMF Fabrics and products of Technical Textiles.

The Ministry said that this step has been taken owing to the requests made by the industry stakeholders.

All the terms and conditions notified earlier vide notifications and guidelines shall be applicable.

“In view of the requests from the industry stakeholders, Ministry of Textiles has decided to re-open the PLI Portal till 31 August 2023 for inviting applications from interested companies under PLI scheme of Textiles for MMF Apparel, MMF Fabrics and products of Technical Textiles,” an official statement said.

The Centre launched the PLI scheme with an approved outlay of Rs 10,683 crore to promote the production of man-made fibre (MMF) apparel, MMF fabrics and products of technical textiles in the country to enable the textiles industry to achieve size and scale and to become competitive.  (KNN Bureau)