The Ministry of Textiles has made main amendments within the Manufacturing Linked Incentive (PLI) Scheme for MMF Attire, MMF Materials and product of Technical textiles. The appliance portal of the scheme is opened as much as 31 December, 2025.
These amendments are to deal with business points, improve ease of doing enterprise, carry investments, and propel progress, which in flip would create jobs and place India within the worldwide textile business. The revised pointers have been made public to assist spur improvement of the sector.
The federal government has widened the listing of eligible merchandise by including 8 new HSN codes beneath MMF Attire and 9 new HSN codes beneath MMF Materials. This step of the federal government will present extra alternatives for companies to avail of the advantages beneath the scheme.
Add Zee Enterprise as a Most popular Supply
The revisions additionally carry important reduction to companies trying to arrange or increase their operations. The candidates can now set up undertaking items inside current firms, eliminating the necessity to arrange new entities.
Furthermore, the minimal funding threshold has been decreased. It started from 1 August 2025, for all new candidates, the minimal funding decreased from Rs.300 crore to Rs 150 crore in Half-1 class and from Rs 100 crore to Rs 50 crore in Half-2 class of the Scheme.
Incentives made extra accessible
To make incentives extra accessible, the federal government has decreased the incremental turnover standards from 25 per cent to 10 per cent. Beginning FY 2025-26, candidates might want to reveal a minimal of 10 per cent incremental turnover over the earlier 12 months to qualify for incentives.
These revisions goal to unravel issues within the business, improve ease of enterprise, generate investments, and promote progress, finally selling employment and establishing India within the world marketplace for textiles. The revised pointers have been issued to allow the event of the sector.
General, the revisions to the PLI scheme are a welcome transfer for the textile business, and companies can now look ahead to a extra conducive surroundings for progress and improvement.
