17 New Applicants Approved Under PLI Scheme for Textile Sector

The Government of India has approved 17 new applicants under the third round of the Production-Linked Incentive (PLI) Scheme for the textile sector, the Ministry of Textiles announced on November 18.

This move is expected to accelerate investment, boost domestic manufacturing, and enhance India’s global competitiveness in the sectors of Man-Made Fibre (MMF) apparel, MMF fabrics, and technical textiles.

According to the ministry, the newly approved applicants have committed a total investment of ₹2,374 crore. The proposed projects are expected to generate estimated sales of over ₹12,893 crore in the coming year and create around 22,646 jobs.

The PLI scheme for the textile sector was notified on 24 September 2021, with an outlay of ₹10,683 crore to promote the production of MMF apparel, MMF fabrics, and technical textile products.

The scheme aims to help the Indian textile industry achieve the required scale and capacity, become globally competitive, and generate substantial employment opportunities.

In the first two rounds of the scheme, a total of 74 applicants were approved.

Recently, the ministry introduced major amendments to the scheme to increase industry participation. The online application portal has been reopened and will accept new applications until 31 December 2025.