PLI for Textiles
India’s PLI Scheme for Textiles, with a budget of Rs. 10,683 crore, incentivizes MMF fabric, garment, and technical textiles production through investment support. Aiming for Rs. 19,000 crore investment, Rs. 3 lakh crore turnover, and 7.5 lakh+ jobs over 5 years, it prioritizes investments in aspirational districts and rural areas, empowering women and propelling India towards global textile leadership.
Find the detailed guidelines of the same here: Scheme Guidelines
PM MITRA
To address India’s textile industry’s competitiveness challenges, the government is launching 7 PM MITRA Parks, offering an integrated value chain (“Farm to Fibre to Fashion to Foreign”), world-class infrastructure, skilled workforce development, and the potential for 1 lakh direct jobs, 2 lakh indirect jobs, and Rs 10,000 crore investment per park, aiming to transform India into a global textile leader through large-scale manufacturing, innovation, and job creation. Detailed guidelines of the same can be found here :Scheme Guidelines
Rebate of State and Central Taxes and Levies (RoSCTL)
The RoSCTL scheme, launched by the Ministry of Textiles, aims to boost India’s textile exports by reimbursing embedded state and central taxes incurred during production. This effectively reduces the cost of exported garments and makes them more competitive in international markets. The scheme provides transferable credit scrips to exporters, which can be used for paying customs duties, further supporting their businesses.
Find more details about this budgeted scheme here:
https://old.cbic.gov.in/htdocs-cbec/customs/RoSCTL-Scheme-10112023.pdf
Interest Equalisation Scheme (IES)
The Interest Equalisation Scheme, initially launched in 2015 and extended till June 2024, offers a 2% to 3% interest subsidy on pre and post shipment Rupee export credit for specific sectors and all MSME manufacturers. It was originally unlimited but now has a per-exporter cap and requires participating banks to maintain lending rates below a certain threshold. This aims to make Indian exports more competitive by reducing financing costs. Find more details about the extension here: Details
SILK SAMAGRA -2
The Central Silk Board, established in 1948, focuses on research, silkworm seed production, quality standards, and advising the government on silk matters. Through “Silk Samagra-2”, it collaborates with states to improve raw silk quality, production, and rural employment across mulberry, non-mulberry, and post-cocoon sectors.
Find more about its guidelines here: Scheme Guidelines
Jute Sector Schemes
Recognizing its pivotal role in various industries and its potential for sustainable development, find out more details about the implemented targeted schemes aimed at supporting and enhancing the jute industry here: Scheme Details
Integrated Wool Development Programme
In India, lacking a standard label for authenticating pure wool products, the woollen industry relies on Australia’s Wool Mark. An Indian Wool Mark is imperative to distinguish genuine wool products, ensuring premium pricing and growth for MSMEs. This initiative aims to boost domestic wool demand, improve remuneration for growers, and enhance woollen product exports.
Find more details here :
- Addendum to already issued guidelines of Integrated Wool Development Programme (IWDP) : Scheme Details
- IWDP guidelines : Scheme Details
Textile Cluster Development Scheme (TCDS)
Find detailed scheme guidelines of the Textile Cluster Development Scheme below:
- In-Situ Upgradation Scheme for plain Powerloom: Scheme Guidelines. (6.05 MB)
- Pradhan Mantri Credit Scheme for Powerloom Weavers: Scheme Guidelines. (4.36 MB)
- Grant in aid to Non TxC Powerloom Service centers: Scheme Guidelines. (228.56 KB)
- Facilitation, publicity. IT, MIS and admin expenses: Scheme Guidelines. (1.47 MB)
- Group Workshed Scheme (GWS): Scheme Guidelines. (5.96 MB)
Comprehensive powerloom, Knitwear & Silk mega Cluster ( CPCDS):
Integrated Processing Development Scheme (IPDS)
Find more details about the Integrated Processing Development Scheme (IPDS) here:
National Technical Textiles Mission (NTTM)
To reduce reliance on imports and boost innovation, the Ministry of Textiles’ NTTM initiative supports developing high-end machinery, equipment, and testing instruments for India’s technical textiles sector. This “Make in India” effort aims to build an indigenous platform for domestic design, development, and manufacturing, collaborating with R&D leaders, machinery manufacturers, and industry players to enhance R&D capabilities, lower production costs, achieve self-sufficiency, and ultimately increase India’s technical textiles exports.
Find more details here :Scheme Details