New Delhi: The Textile PLI Scheme has received another major push with the Government approving 22 new applicants under Round-III of the Production Linked Incentive (PLI) Scheme for Textiles.
The newly approved companies are expected to bring a total investment of ₹2,339.14 crore, generate a projected turnover of ₹15,561.34 crore in notified products, and create 36,217 employment opportunities across the textile value chain.
With these approvals, a total of 96 companies have now been selected under Round-III of the Textile PLI Scheme, carrying a combined committed investment of ₹12,822.67 crore and a projected turnover of ₹58,294.18 crore.
The approved applicants represent key focus segments under the Textile PLI Scheme, including Man-Made Fibre (MMF) Apparel, MMF Fabrics, and Technical Textiles.
These investments are expected to further strengthen India’s position as a global hub for value-added textile manufacturing.
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The latest approvals under the Textile PLI Scheme reflect the industry’s continued response to the Government’s initiatives aimed at promoting investments in sunrise segments of the textile sector.
By encouraging capacity expansion in MMF apparel, MMF fabrics, and technical textiles, the scheme seeks to enhance domestic manufacturing capabilities while improving India’s competitiveness in global markets.
According to the Government, the proposed investments and production capacities under the Textile PLI Scheme are expected to support the development of a robust and globally competitive textile ecosystem aligned with the vision of Aatmanirbhar Bharat.
The 22 newly approved applicants are projected to invest ₹2,339.14 crore, generate a turnover of ₹15,561.34 crore in notified products, and create 36,217 employment opportunities across the textile value chain.
Combined with the previously approved companies, the 96 selected firms under Round-III are expected to contribute ₹12,822.67 crore in committed investments and achieve a projected turnover of ₹58,294.18 crore.
By focusing on high-value segments such as Man-Made Fibre Apparel, MMF Fabrics, and Technical Textiles, the Textile PLI Scheme aims to accelerate the growth of value-added manufacturing while supporting employment generation and industrial expansion.
The Government believes these investments will help build a stronger textile ecosystem and reinforce India’s ambition of becoming a leading global destination for advanced textile production under the Aatmanirbhar Bharat vision.
