Officials from the Ministry of Textiles met representatives of the textile industry at The Southern Gujarat Chamber of Commerce and Industry (SGCCI) on Saturday to review the Production-Linked Incentive (PLI) scheme and gather feedback from industry stakeholders. Members of the Manmade and Technical Textiles Export Promotion Council (MATEXIL) also participated in the discussions.
Industry representatives urged the ministry to expand the scheme to include units investing up to Rs. 50 crore (US $ 5.63 million), stating that such a measure would allow small and mid-scale players to participate. They further recommended introducing new HSN codes and incorporating import-substitute textile products into the scheme to bolster domestic manufacturing.
According to sources familiar with the discussions, the PLI scheme has not drawn the expected response from promoters, prompting the ministry to assess the reasons for the limited participation.
Bhaskar Kalra, Under Secretary at the Ministry of Textiles, attended the meeting. Officials highlighted that the scheme currently applies to textile units investing between Rs. 100 crore (US $ 11.26 million)and Rs. 300 crore (US $ 33.80 million) and above, covering a range of products under 116 HSN codes. They also noted that the application window will remain open until 30th September, urging entrepreneurs to submit proposals promptly to take full advantage of the benefits.
