Tuesday, 02 January 2024 12:17 GMT

52 New Applications Approved Under Production Linked Incentive (PLI) Scheme For Textiles


(MENAFN- ForPressRelease) 10 April 2026 7, Delhi: The Government has approved 52 new applications under Round III of the Production Linked Incentive (PLI) Scheme for Textiles. Out of these 52 approved applications, 05 are for MMF Apparel, 19 for MMF Fabrics, 18 for Technical Textiles and 10 for multiple segment.

The 52 applicants have committed an investment of Rs.6708 cr with an expected turnover of Rs.21,186 cr. The approved proposals are expected to provide a significant boost to the textile sector, particularly in the segments of Man-Made Fibre (MMF) fabrics, MMF apparel, and Technical Textiles. These investments will enhance domestic manufacturing capabilities, promote innovation, and strengthen India's position in the global textile market.

The PLI Scheme for Textiles is a key initiative of the Government of India aimed at promoting high-value textile production, attracting investment, and generating employment opportunities across the country. Investment of ₹944.48 cr, turnover of ₹4,473 cr and exports of ₹363.55 cr has been reported by the PLI participant companies in three quarters of FY 2025-26.

The Government remains committed to supporting the growth and competitiveness of the textile industry through targeted policy interventions and stakeholder collaboration.


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