Centre Approves 96 Companies Under Textile PLI Scheme; ₹12823 Crore Investment to Generate Over 36k Jobs
The investments are expected to enhance domestic manufacturing capacity and improve India's competitiveness in high-value textile segments.
The latest round of approvals is expected to further accelerate capacity creation, technology adoption and job generation across the textile industry.
New Delhi: The Union government has approved 96 companies under the third round of the Production Linked Incentive (PLI) Scheme for Textiles, with committed investments of ₹12,822.67 crore expected to strengthen India’s manufacturing capabilities and generate large-scale employment opportunities.
The latest approvals include 22 new applicants under Round-III of the scheme. These companies are projected to invest ₹2,339.14 crore, generate turnover of ₹15,561.34 crore from notified textile products, and create 36,217 jobs across the textile value chain.
According to the Ministry of Textiles, the selected companies operate in key focus segments identified under the PLI Scheme, including man-made fibre (MMF) apparel, MMF fabrics and technical textiles. The investments are expected to enhance domestic manufacturing capacity and improve India’s competitiveness in high-value textile segments.
With the latest approvals, the total committed investment under Round-III has reached ₹12,822.67 crore, while the cumulative projected turnover from the approved companies is estimated at ₹58,294.18 crore.
The government said the continued industry participation reflects growing confidence in policy measures aimed at promoting investment in sunrise sectors of the textile industry. The scheme seeks to encourage production of value-added textile products, attract fresh investments and create employment opportunities across the manufacturing ecosystem.
Officials said the proposed investments and production capacities would contribute to building a globally competitive textile sector while supporting the objectives of Aatmanirbhar Bharat.
The PLI Scheme for Textiles is a key component of the government’s strategy to expand domestic manufacturing, increase exports and position India as a major global hub for advanced textile products, particularly in the man-made fibre and technical textile segments.
The latest round of approvals is expected to further accelerate capacity creation, technology adoption and job generation across the textile industry.
