96 Companies Approved Under Textile PLI Scheme Round III, Investment Commitment Reaches ₹12,822 Crore
By jayesh chouhan 2026-06-12 13:26:35
96 companies approved in Round III of the Textile PLI Scheme, investment expected at ₹12,822 crore
The Central Government has approved 22 new applicants under the third round of the Production Linked Incentive (PLI) scheme for the textile sector. This brings the total number of companies approved under Round III to 96.
According to the Ministry of Textiles, the newly approved projects are expected to generate investments of ₹2,339.14 crore, an estimated turnover of ₹15,561.34 crore in notified products, and create over 36,000 employment opportunities across the textile value chain.
With the latest approvals, the total committed investment under the third round of the PLI scheme has reached ₹12,822.67 crore. The approved projects are expected to generate an estimated turnover of ₹58,294.18 crore.
The approved applicants are primarily from key sectors such as man-made fiber (MMF) apparel, MMF fabrics, and technical textiles. The government has prioritized these sectors to enhance India's value-added textile manufacturing capacity and strengthen its competitive position in the global market.
The Ministry states that these approvals reflect the industry's growing interest in emerging textile segments. The proposed projects are expected to drive production capacity expansion, technological upgradation, and the development of an integrated textile manufacturing ecosystem.
The government launched the Textile PLI Scheme with the aim of attracting large-scale investment in the man-made fiber and technical textile sectors. These sectors are considered crucial for increasing India's share in the global textile and apparel market.
According to the Ministry, the approved investments will play a key role in accelerating manufacturing growth, promoting employment generation, and strengthening domestic production capacity in line with the goal of Atmanirbhar Bharat. Also, the new production capacities will help make India a more competitive textile hub globally.
