Production Linked Incentive (PLI) Scheme for Textiles Part-1

₹1464.8 Cr

Year 5: 11% on ₹1464.84 crore

> Conditions Linked to Benefits:

₹1171.9 Cr

Year 4: 12% on ₹1171.87 crore

1. Financial Incentive:

Incentive is provided to selected participants based on incremental turnover of notified products manufactured in India.

The incentive is available for a maximum period of 5 years from the first performance year.

1. Incentive Structure:

Scheme Part-1

₹600.0 Cr

Year 1: 15% on achieving ₹600 crore turnover

₹750.0 Cr

Year 2: 14% on ₹750 crore

₹937.5 Cr

Year 3: 13% on ₹937.5 crore

The participant should achieve the minimum threshold investment and prescribed turnover to qualify for incentives.

The participant should achieve 25% incremental turnover over the previous year from Year 2 onwards.

Incentive is provided only when both turnover targets and incremental growth conditions are met.

Incremental turnover considered for incentive is capped at 35% growth.

> Mode of Disbursement: Incentive is disbursed through Direct Bank Transfer to the participant’s account via the Public Financial Management System (PFMS).

> Frequency of Disbursement: Incentive claims are processed and disbursed on an annual basis.

> Time of Disbursement: Claims are processed within 45 days of submission by the Project Management Agency (PMA). Disbursement is made within 15 days after approval by the competent authority.

> Validity of Benefits: The scheme is operational till 31 March 2030. Incentives are available for 5 consecutive performance years, subject to meeting eligibility conditions.