Global Trade Alert
Global Trade Alert

India: Production Linked Incentive Scheme for Textiles notified

Announcement

24 Sep 2021

India has notified a scheme to incentivise production of certain textile products.

Source

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Number of interventions

6

2 certainly harmful

0 likely harmful

4 liberalising

List of interventions

Implementation date

01 Apr 2028

Revocation date:

31 Mar 2029

Announced: 24 Sep 2021
Production subsidy
On 8 September 2021, the Indian Government approved incentives of 7% or 11% on sales of textiles and man-made fibre apparel for the year 2028-2029 under the Production Linked Incentive Scheme for Text...
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Implementation date

01 Apr 2027

Revocation date:

31 Mar 2028

Announced: 24 Sep 2021
Production subsidy
On 8 September 2021, the Indian Government approved incentives of 8% or 12% on sales of textiles and man-made fibre apparel in the year 2027-2028, which is 1% lower than the incentive rate for the yea...
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Implementation date

01 Apr 2026

Revocation date:

31 Mar 2027

Announced: 24 Sep 2021
Production subsidy In force
On 8 September 2021, the Indian Government approved incentives of 9% or 13% on sales of textiles and man-made fibre apparel for the year 2026-2027, which is 1% lower than the incentive for the year 20...
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Implementation date

01 Apr 2025

Revocation date:

31 Mar 2026

Announced: 24 Sep 2021
Production subsidy
On 8 September 2021, the Indian Government approved incentives of 10% or 14% on sales of textiles and man-made fibre apparel under the Production Linked Incentive Scheme for Textiles for Man-Made Fibr...
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Implementation date

01 Apr 2024

Revocation date:

31 Mar 2029

Announced: 24 Sep 2021
Local content incentive In force
On 8 September 2021, the Indian Government approved a scheme to provide incentives on MMF apparel, MMF fabrics, and technical textiles for a period of 5 years from the financial year 2024-25. The sche...
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Implementation date

01 Apr 2024

Revocation date:

31 Mar 2025

Announced: 24 Sep 2021
Production subsidy
On 8 September 2021, the Indian Government approved a Production Linked Incentive Scheme for Textiles for Man-Made Fibres (MMF) Apparel for the period 2024-25 to 2028-89. Under the scheme, an incentiv...
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