ENA Sectors 2025-10-10 16:45:55 <p><span style="font-size:14px"><strong>New Delhi, Oct 10 (KNN)</strong> The Ministry of Textiles has announced key revisions to the Production Linked Incentive (PLI) Scheme for MMF (Man-Made Fibre) Apparel, MMF Fabrics, and Technical Textile products. </span></p> <p><span style="font-size:14px">The revised scheme introduces changes designed to address industry challenges, enhance ease of doing business, and promote investment in the sector.</span></p> <p><span style="font-size:14px">According to the ministry, the amendments are intended to enhance industry participation, accelerate project execution, and strengthen Indias position as a global textile manufacturing hub. The amended scheme guidelines have also been issued.</span></p> <p><span style="font-size:14px">The updated framework introduces several measures aimed at making the scheme more accessible and investment-friendly. </span></p> <p><span style="font-size:14px">It expands the range of eligible products by adding eight new HSN codes for MMF apparel and nine new HSN codes for MMF fabrics. </span></p> <p><span style="font-size:14px">The framework also relaxes company formation requirements, allowing applicants to establish project units within existing companies instead of creating new entities. </span></p> <p><span style="font-size:14px">Additionally, minimum investment thresholds have been reduced, effective August 1, 2025, from Rs 300 crore to Rs 150 crore for Part-1 and from Rs 100 crore to Rs 50 crore for Part-2 categories. </span></p> <p><span style="font-size:14px">Furthermore, the incremental turnover requirement has been lowered: from FY 2025 26, applicants need to demonstrate only a 10 percent increase in turnover over the previous year (from the second year onward), compared to the earlier requirement of 25 percent.</span></p> <p><span style="font-size:14px">The ministry said these revisions are expected to reduce entry barriers, lower financial thresholds, and facilitate faster project implementation, thereby boosting employment and competitiveness across the textile value chain.</span></p> <p><span style="font-size:14px">To encourage wider participation, the PLI Scheme application portal will remain open until December 31, 2025. </span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 43762 https://knnindia.co.in/news/newsdetails/sectors/pli-scheme-revised-for-mmf-apparel-fabrics-technical-textiles 2025-10-10 16:45:55 knnindia.co.in