Textiles Ministry Approves 17 New Applicants Under PLI Scheme
The Ministry of Textiles has approved 17 new applicants under Round 3 of the Production Linked Incentive (PLI) Scheme for Textiles, giving a renewed push to India’s Man-Made Fibre (MMF) and Technical Textiles ecosystem. The approvals, announced on November 18th, mark a major step toward strengthening domestic manufacturing, attracting fresh investments, and enhancing India’s global competitiveness in high-value textile segments.
According to the Ministry, the newly selected companies have committed investments worth Rs 2,374 crore, with their proposed projects projected to generate over Rs 12,893 crore in sales in the coming years. The projects are also expected to create employment for nearly 22,646 people, reinforcing the scheme’s role in job creation within the industry.
Launched on September 24, 2021, with an outlay of Rs 10,683 crore, the PLI Scheme aims to scale up India’s production capacity in MMF apparel, MMF fabrics, and a wide range of technical textiles. By incentivising large-scale manufacturing, the scheme is designed to help Indian companies build size, scale, and competitiveness in global markets. With the latest approvals, a total of 74 applicants have now been selected across the first three rounds.
To further widen industry participation, the Ministry recently introduced significant amendments to the scheme and reopened the online application portal. Companies can now submit new applications until December 31, 2025, enabling more players to benefit from the incentives and contribute to India’s expanding textile manufacturing landscape.
