Maharashtra Receives ₹167.51 Crore Investment from 24 Firms Under Textile PLI Scheme

Maharashtra Attracts ₹167.51 Crore Investment from 24 Companies Under Textile PLI Scheme

According to the Ministry of Textiles, investments worth ₹167.51 crore (approximately ₹17.49 million) have been received in Maharashtra from 24 approved companies by March 31 under the Production Linked Incentive (PLI) scheme for textiles—an initiative launched to boost the production of MMF (Man-Made Fiber) garments, MMF fabrics, and technical textiles.

Nationwide, 170 companies have been approved under this scheme, with 24 of them based in Maharashtra.

The Ministry stated that it continuously monitors the scheme's implementation through periodic reviews, weekly open-house sessions, monthly workshops, and outreach programs to address challenges and enhance stakeholder participation.

The Ministry also noted that investor interest has increased following modifications made to the scheme in October 2025. These changes include the inclusion of 17 new HSN codes under the MMF garment and fabric categories, a 50% reduction in the minimum investment threshold, relaxation of the requirement to form a new company to avail benefits, and a reduction in the incremental turnover requirement for incentives from 25% to 10%.

READ MORE :-  Andhra Pradesh Cotton Sowing Rises 13%; Kurnool Tops as Planting Outpaces Normal

https://wa.me/919111677775