Ø
Government
approves 96 Companies under round-III of Textile PLI Scheme;
Ø
₹12,822
crore investment to boost manufacturing and employment
·
The
newly approved companies are expected to:
o Invest ₹2,339.14 crore,
o Generate ₹15,561.34 crore in turnover from
notified textile products, and
o Create 36,217 jobs across the textile value chain.
·
With
these approvals, a total of 96
companies have been selected under Round-3 of the scheme.
·
The
cumulative commitments from all approved Round-3 applicants include:
o ₹12,822.67 crore in
investment, and
o ₹58,294.18 crore in
projected turnover.
·
The
approved applicants operate in key priority segments of the textile industry:
o Man-Made Fibre (MMF) Apparel
o MMF Fabrics
o Technical Textiles
·
These
sectors are considered high-growth and value-added segments with strong export
potential.
·
The
new investments are expected to:
o Strengthen India's position as a global
textile manufacturing hub,
o Enhance domestic production capacity in
advanced textile segments,
o Promote value-added manufacturing,
o Generate large-scale employment
opportunities, and
o Improve global competitiveness of the
Indian textile sector.
·
The
strong industry participation reflects confidence in the Government’s textile
sector initiatives.
·
The
scheme supports the vision of Aatmanirbhar
Bharat by encouraging domestic manufacturing, investment, and
technological advancement.
·
The
latest approvals under the PLI Scheme for Textiles are expected to drive
significant investments, job creation, and production growth in MMF and
technical textile segments, helping India build a robust, globally competitive,
and self-reliant textile ecosystem.
[ABS News Service/10.06.2026]
The
Government has approved 22 new applicants under the Round-3 of the Production Linked
Incentive (PLI) Scheme for Textiles. The newly approved companies are expected to
bring in 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. A total of 96 companies have been selected under
Round-3 of the scheme with a total committed investment of ₹12,822.67 crore
and a projected turnover of ₹58,294.18 crore.
The
approved applicants span key focus segments of the PLI Scheme, including Man-Made
Fibre (MMF) Apparel, MMF Fabrics and Technical Textiles, thereby further strengthening
India's position as a global hub for value-added textile manufacturing.
The
addition of these companies under the PLI Scheme reflects the continued industry
response to the Government's efforts to promote investments in sunrise segments
of the textile sector. The proposed investments and production capacities are expected
to support the development of a robust and globally competitive textile ecosystem
aligned with the vision of Aatmanirbhar Bharat.