Centre Plans New PLI Scheme For Garments To Boost Jobs, Investments: Textiles Minister
The Centre is working on launching a dedicated Production-Linked Incentive (PLI) scheme for the garment sector, Union Textiles Minister Giriraj Singh has said.
This new initiative will be separate from the existing PLI scheme for textiles, which was launched in 2021 with an outlay of Rs 10,683 crore over five years to support production of man-made fibre (MMF) apparel, MMF fabrics and technical textiles.
According to Singh, 80 applicants have already been approved under the current scheme, and the government aims to disburse Rs 500 crore under it in the current financial year. The scheme is expected to attract over Rs 19,000 crore in fresh investments and generate more than 7.5 lakh jobs over its five-year span.
The minister also mentioned ongoing discussions with global brands from Japan, Qatar, and other countries interested in investing under the scheme. He highlighted the positive impact of export-promotion schemes like the Rebate of State and Central Taxes and Levies (RoSCTL), and said a decision on extending these beyond March 2026 would be taken in due course.
Repeating the government’s commitment to positioning textiles as a key employment generator, Singh expressed confidence that the sector could create 2.5 crore jobs by 2030.
Speaking earlier at the Powering Bharat event, Singh noted that India is becoming a global leader in textile manufacturing, with every third or fourth bedsheet and towel in American households made in India. He projected the Indian textile industry would touch US$ 100 billion by 2030, driven by both domestic manufacturing and exports, asserting that Bangladesh and Vietnam are no longer challenges for India, especially as it holds leadership in spinning capacity.
