Textile Ministry Lowers Turnover Bar for PLI Scheme to Boost MSME Participation

The Union Ministry of Textiles will reopen the Production Linked Incentive (PLI) portal (https://pli.texmin.gov.in) on Nov 1 to accept applications for round four until Dec 31. The round targets manufacturers of man‑made fibre (MMF) apparel, MMF fabrics and technical textiles. Eligibility under Part 2 now requires a minimum annual turnover of ₹100 crore, cut in half from the earlier ₹200 crore, aiming to draw more MSMEs and mid‑size units. Applicants approved in this round will enjoy an extended scheme tenure lasting until the 2033‑34 financial year. Companies that participated in the first three rounds but have not yet claimed any incentive may move to round four, provided they withdraw their earlier applications. The move, announced from Coimbatore on Oct 29, 2026, seeks to broaden the base of textile producers benefiting from government support.

Context

Lowering the turnover threshold makes the PLI scheme accessible to smaller players, which can increase domestic production of MMF garments and technical textiles. Extending the tenure gives approved firms a longer window to plan investments and reap incentives.