The Indian government is planning to promote MMF and Technical Textile under Production Linked Incentive (PLI) scheme. It is also forming the Focus Product Incentive Scheme (FPIS) under the ambit of Production Linked Incentive (PLI) Schemes. The scheme aims to create global champions in MMF apparel and technical textiles and capturing substantial share in global trade in these segments. The scheme will provide incentive from 3 to 15 per cent on stipulated incremental turnover for a period of five years after one year gestation period for brownfield investment and two years gestation period for Greenfield investment.

The Ministry of Textiles also plans to introduce a New Textile Policy. The new policy will thrust on enhancing export performance and creating better employment opportunities. The New Textile Policy is being formulated in consultation with various associations, industry bodies, State Governments and other stakeholders representing subsectors viz. Cotton, Silk, Jute Wool, Handloom, Handicrafts, Powerloom etc.

Budget 2021-22 also plans to launch a Mega Integrated Textile Regions and Parks scheme (MITRA) to attract large investment and employment generation in the sector to further boost domestic manufacturing and to create world class infrastructure at one place with plug & play facilities. This will enable textile industry to achieve size and scale to become globally competitive and also create global champions in exports. Under the scheme, the government will set up seven mega textile parks over  three  years.