Industrial Subsidies & PLI
Weekly Roundup
Weekly Brief — Industrial Subsidies & PLI
Manufacturing and Subsidy Outlook: Strategic PLI Expansions
This report covers Industrial Subsidies and PLI Schemes from June 22, 2026 to June 29, 2026. Findings highlight a major ₹11,000 Cr textile allocation and critical bid extensions for strategic minerals.
Key Statistics
| ₹1.64 Lakh Crore | ₹11,000 Crore | 90% Reimbursement |
|---|---|---|
| Approved investment for 12 semiconductor projects (ISM 2.0) | Dedicated allocation for Technical Textiles/MMF PLI | Proposed MSME subsidy for EU-CBAM carbon compliance |
Weekly Executive Summary
- Sectoral Expansion: The Textile Ministry confirmed a ₹11,000 crore allocation for the Manmade Fibre (MMF) and Technical Textiles PLI, alongside relaxed compliance norms to boost uptake.
- Strategic Minerals: The bid deadline for the ₹7,280 crore Rare Earth Permanent Magnet PLI was extended to July 29, 2026, following industry requests for finalized consortium agreements.
- Semiconductor Progress: Under ISM 2.0, the government approved ₹1.64 lakh crore in investments across 12 projects, shifting focus toward high-end chip fabrication and logic manufacturing [(Ref)](https://dashboard.policyindex.ai/smartgov/doc/…
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