The Union government has extended the application date for the PLI Scheme for the Textile Sector to February 28, 2022. The earlier deadline for submission of the application form was February 14, 2022. The extension in application date is due to some issues related to the HSN code for technical textiles that need to be resolved. Until now, around 80 companies have registered for the scheme while 46 have submitted draft application forms.

The PLI scheme for textiles sector was approved by the government with an outlay of Rs 10,683 crore. It will promote production of MMF apparel, MMF fabrics and other products of technical textiles over a period of five years. The scheme was launched by the government on January 01, 2022. It aims to expand India’s MMFs and technical textiles’ value chain and help India gain a dominant status in the global textile trade.