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Textiles PLI Reopens With Lower ₹100 Crore Turnover Threshold

• By  Textile Excellence
• October 31, 2026

More textile companies can now get into the PLI scheme. The Centre has cut the minimum turnover requirement from ₹200 crore to ₹100 crore and reopened applications under Round 4, widening the door for MSMEs and mid-sized manufacturers.

The Ministry of Textiles will accept applications from November 1 to December 31, 2026. The scheme targets manufacturing of man-made fibre (MMF) apparel, MMF fabrics and technical textiles, with the broader aim of attracting investment, creating jobs and strengthening India's position in global textile value chains.

The lower turnover threshold applies to Part 2 of the scheme. For companies approved under Round 4, the scheme's tenure has also been extended to FY2033-34, giving them a longer investment and operational window to establish and scale up manufacturing capacity.

Confederation of Indian Textile Industry (CITI) Chairman Ashwin Chandran has welcomed the changes, calling them a confidence booster amid global headwinds and the industry's push towards its US$ 350 billion textile and apparel ambition by 2030. He expects the relaxed eligibility terms to encourage more companies to invest, generate employment and improve international competitiveness.

Chandran also pointed to the proposed National Fibre Scheme and the recent GST reduction on MMF fibre and yarn to 5% as important policy support. However, the inverted duty structure remains at the upstream level: key MMF raw materials PTA and MEG continue to attract 18% GST.

The timing is significant. Textile and apparel exports rose 17.51% year-on-year in September 2026, but growth for April–September was just 2.38%. Apparel exports declined over the same period last year.

The lower entry barrier offers more manufacturers a chance to invest, but the industry still needs stronger export growth and a more competitive MMF value chain.

The timing is significant. Textile and apparel exports rose 17.51% year-on-year in September 2026, but growth for April–September was just 2.38%. Apparel exports declined over the same period last year. The lower entry barrier offers more manufacturers a chance to invest, but the industry still needs stronger export growth and a more competitive MMF value chain.