India’s textile industry associations have welcomed the modifications to Round 4 of the Production Linked Incentive (PLI) Scheme for Textiles, highlighting the potential to encourage investment, generate employment and strengthen global competitiveness.

The Ministry of Textiles has reduced the minimum turnover requirement under Part 2 of the scheme from ₹200 crore to ₹100 crore and extended the scheme’s tenure until FY2033–34 for applicants approved under Round 4. The changes aim to enable greater participation from micro, small and medium enterprises (MSMEs) and mid-sized manufacturers.

Ashwin Chandran, chairman of the Confederation of Indian Textile Industry (CITI), said the revised conditions could create more opportunities for companies to participate, attract investments and support India’s ambition of building a $350 billion textile and apparel sector by 2030. He also highlighted the importance of the proposed National Fibre Scheme in supporting the man-made fibre segment.

Prabhu Dhamodharan, convenor of the Indian Texpreneurs Federation, noted that the lower turnover threshold and extended timeline could encourage wider participation and long-term investments. He also emphasised the export opportunities emerging from India’s expanding free trade agreement network.

Sunil Jhunjhunwala, co-founder of Technosport, also welcomed the changes, describing them as a boost for the textile industry.

The revised PLI framework is expected to provide manufacturers with greater flexibility to scale production, invest in capacity expansion and explore new international markets.