The government has extended the last date to file fresh applications under the Production-Linked Incentive (PLI) scheme for the textiles sector to 31 December 2025. The extension comes in response to a strong response to the latest invitation round, which began in August 2025, particularly from segments including man-made fibre (MMF) apparel, MMF fabrics, and technical textiles.
In a related development, India’s top public sector banks have raised their internal limits for investing in government bonds following discussions with the Reserve Bank of India (RBI) last month. According to treasury officials, Bank of Baroda, Punjab National Bank, Canara Bank, and Union Bank of India—among the country’s largest government-owned lenders by assets—have increased their investment caps by 5 to 20 percentage points.
These measures reflect ongoing efforts to boost investment and support growth in both the textiles sector and government securities market.