Center Extends Application Deadline For PLI Scheme In Textiles
Fresh Applications Welcome Until October 31st for MMF Apparel, MMF Fabrics, and Technical Textile Products
The Ministry of Textiles has announced an extension of the application deadline for the PLI scheme in textiles, specifically for MMF Apparel, MMF Fabrics, and Technical Textile products. Interested parties are now invited to submit their applications until October 31st, 2023.
This decision comes in response to industry stakeholders’ requests and aims to provide more time for companies to participate in the scheme. Initially, the Ministry had reopened the PLI Portal until August 31st, 2023, to allow interested companies to submit fresh applications under the scheme.
The extension of the application deadline offers an opportunity for a broader range of businesses to engage with the PLI scheme in the textiles sector, fostering innovation and growth. Companies now have an additional two months to prepare and submit their applications, aligning with the Ministry’s goal of promoting and supporting the textiles industry in India.
For companies looking to take advantage of the benefits offered by the PLI scheme, this extension offers a valuable chance to be a part of an initiative that aims to boost the textiles sector and contribute to its advancement. With the new deadline set for October 31st, interested applicants can now plan and submit their proposals effectively, ensuring their participation in this significant program.
