PLI scheme extension: Govt pushes last date for textile sector applications to December 31; cites industry demand

The Centre has extended the deadline for fresh applications to its textile Production-Linked Incentive (PLI) scheme until December 31, following an encouraging industry response. This move offers prospective investors another opportunity to participate, reflecting growing confidence in domestic manufacturing and market demand for synthetic and specialized fabrics. The scheme aims to boost large-scale production and competitiveness.