Textile Manufacturer Borana Weaves Limited has been approved under the PLI Scheme for Textiles, specifically for the Man-Made Fibre (MMF) segment under the Part-2 category.
According to the company this marks a key step towards becoming eligible for PLI incentives, subject to meeting the prescribed investment and turnover targets.
The Ministry of Textiles issued the formal approval letter confirming Borana Weaves’ eligibility for the PLI Scheme for Textiles. This selection is for the MMF segment, part of the government’s initiative to boost domestic manufacturing.
However, the Ministry clarified that the approval does not guarantee the disbursement of incentives. The incentives will be released only after the verification of cumulative new domestic investment, turnover of notified products, and value-addition requirements.
Furthermore, the company confirmed that it will set up a separate project unit under Borana Weaves Limited to participate in the PLI Scheme.
The approval letter was signed by Bhaskar Kalra, Under Secretary to the Government of India (MMF Section).
In recent developments, the company reported a 12% year-on-year (YoY) increase in technical textile export volumes in May 2026. It commissioned a specialised weaving unit in Gujarat, which is expected to be the primary beneficiary of the PLI incentives.
Borana Weaves Ltd. is an integrated textile manufacturer. The company claims to be one of India’s leading producers of high-quality microfilament woven fabrics, with a fully integrated manufacturing process from fibre to fabric under one roof.
It has an annual production capacity of 220 million metres (22 crore metres) of synthetic and blended greige polyester woven fabrics, supported by manufacturing facilities and advanced high-speed water jet looms.
Bharat Tex Special Report 2026 
