Textile PLI Clears 96 Firms, Rs 12,823 Cr Investment
The Government of India has approved a total of 96 companies under the third round of the Production Linked Incentive (PLI) Scheme for Textiles, paving the way for investments worth more than Rs 12,822 crore in the country’s man-made fibre (MMF) and technical textiles sectors.
The latest tranche includes 22 newly selected applicants, who are expected to invest Rs 2,339.14 crore and generate an estimated turnover of Rs 15,561.34 crore from the production of notified textile products. The projects are also projected to create more than 36,000 employment opportunities across the textile value chain.
With the fresh approvals, the cumulative investment commitment under Round-III of the PLI scheme has reached Rs 12,822.67 crore. The participating companies are expected to generate a combined turnover of Rs 58,294.18 crore, highlighting the growing industry response to the government’s flagship manufacturing incentive programme.
The approved applicants are concentrated in priority segments identified under the scheme, including MMF apparel, MMF fabrics and technical textiles. These categories have been recognised as strategic growth areas with strong export potential and increasing global demand.
According to the Ministry of Textiles, the continued interest from industry reflects growing confidence in India’s manufacturing ecosystem and the effectiveness of policy measures aimed at boosting investment in value-added textile products.
The proposed projects are expected to strengthen domestic manufacturing capabilities, enhance competitiveness and support the development of an integrated textile ecosystem focused on advanced materials and high-performance textile products.
Introduced to attract large-scale investments in next-generation textile manufacturing, the PLI Scheme remains a key pillar of the government’s strategy to position India as a global sourcing and production hub for technical textiles and man-made fibre products. The initiative is also aligned with broader efforts to promote self-reliance, increase exports and generate employment across emerging segments of the textile industry.
With investment commitments continuing to rise, the scheme is expected to play a significant role in accelerating the transformation of India’s textile sector towards higher-value manufacturing and greater global competitiveness.
