Centre extends timeline for submitting applications under PLI scheme for textiles till February 14

28 Jan 2022 , 04:05 PM

Ministry of Textiles has extended the timeline for submission of applications under the PLI Scheme for Textiles till February 14, 2022.

Earlier the date of submission of online application under PLI Scheme for Textiles was up to January 31, 2022.

Last year, the Union Cabinet approved the PLI Scheme for Textiles for MMF Apparel, MMF Fabrics and 10 segments/ products of Technical Textiles with a budgetary outlay of Rs10,683cr.

PLI scheme for Textiles is part of the overall announcement of PLI Schemes for 13 sectors made earlier during the Union Budget 2021-22, with an outlay of Rs1.97 lakh crore. With the announcement of PLI Schemes for 13 sectors, minimum production in India is expected to be around Rs. 37.5 lakh crore over 5 years and minimum expected employment over 5 years is nearly 1 crore.

This scheme will positively impact especially States like Gujarat, UP, Maharashtra, Tamilnadu, Punjab, AP, Telangana, Odisha etc.