Government Approves 22 New Textile PLI Applicants

Government Approves 22 New Textile PLI Applicants

The Union government approved 22 new applicants under the third round of the Production Linked Incentive Scheme for Textiles on 10 June 2026. The approved applicants are linked to an investment commitment of ₹2,339.14 crore and a projected turnover of ₹15,561.34 crore from notified textile products.

Production Linked Incentive Scheme for Textiles

The Production Linked Incentive Scheme for Textiles is a central sector incentive scheme for domestic manufacturing in the textile sector. It covers value-added textile products, including Man-Made Fibre apparel, Man-Made Fibre fabrics, and technical textiles.

Round-3 Approval Details

With the latest approval, 96 companies have been selected under Round-3 of the Textile PLI Scheme. These 96 companies have committed total investments of ₹12,822.67 crore, and the Round-3 projects are projected to generate a turnover of ₹58,294.18 crore.

Employment and Sector Coverage

The 22 newly approved applicants are expected to create 36,217 jobs across the textile value chain. The approved companies operate in Man-Made Fibre apparel, Man-Made Fibre fabrics, and technical textiles.

Important Facts for Exams

  • The Production Linked Incentive Scheme is a central government incentive framework linked to incremental production.
  • Textiles is one of the major labour-intensive sectors in India.
  • Man-Made Fibre textiles include synthetic and regenerated fibre-based products.
  • Technical textiles are used for functional applications in areas such as infrastructure, healthcare, and agriculture.

Scheme Objective

The Textile PLI Scheme aims to encourage domestic manufacturing, improve competitiveness, and attract large-scale investment in India. It also covers products that add value to the textile supply chain.

Leave a Reply

Your email address will not be published. Required fields are marked *