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Textiles Ministry Approves 17 New PLI Applicants: Rs 2,374 Cr Investment Boost

The Ministry of Textiles has given the green light to 17 new applicants under the Production Linked Incentive Scheme. These companies have committed to investing Rs 2,374 crore in textile manufacturing projects. The approved projects are expected to create jobs for nearly 22,646 people while generating substantial sales revenue. This move strengthens India's position in global textile markets and supports domestic manufacturing growth.

Key Points: Textiles Ministry Approves 17 New PLI Scheme Applicants

  • 17 new applicants approved in PLI Scheme's third selection round
  • Committed investment of Rs 2,374 crore across textile projects
  • Expected to generate employment for approximately 22,646 people
  • Projected sales target exceeding Rs 12,893 crore from new approvals
  • Scheme aims to boost MMF apparel and technical textiles production
  • Online application portal remains open until December 31, 2025
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Ministry of Textiles approves 17 new applicants under PLI scheme for Textiles

Ministry of Textiles approves 17 new PLI applicants, committing Rs 2,374 crore investment and generating 22,646 jobs to boost MMF and technical textiles manufacturing.

"This significant step is set to further accelerate investment, boost domestic manufacturing, and enhance India's global competitiveness - Ministry of Textiles Release"

New Delhi, November 18

The Ministry of Textiles has approved 17 new applicants under the Production Linked Incentive (PLI) Scheme for Textiles in Round 3 of selection.

This significant step is set to further accelerate investment, boost domestic manufacturing, and enhance India's global competitiveness in the Man-Made Fibre (MMF) Apparel, MMF Fabrics, and Technical Textiles sectors, according to a release.

The newly approved applicants have committed a total investment of Rs 2,374 crore. The proposed projects are expected to achieve projected sales of over Rs 12,893 crore and generate employment for about 22,646 persons in the coming years.

The PLI Scheme for Textiles was notified on September 24, 2021, with an approved outlay of Rs 10,683 crore to promote the production of MMF apparel and fabrics, and products of Technical Textiles. The Scheme aims to enable the textile industry to achieve the necessary size and scale, become globally competitive, and create substantial employment opportunities. Under the first two rounds of selections, a total of 74 applicants have been approved under the Scheme, the release stated.

Recently, the Ministry has notified major amendments to the Scheme to further enhance industry participation. The online application portal has been reopened for acceptance of new applications till December 31, 2025.

- ANI

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Reader Comments

R
Rohit P
₹2,374 crore investment is substantial! But I hope the government ensures proper monitoring so that the funds are utilized effectively. We've seen many schemes where execution doesn't match the announcement.
A
Arjun K
Great initiative! Technical textiles is the future and we need to compete with China in this sector. Make in India getting stronger! 🇮🇳
S
Sarah B
As someone working in the textile export business, this PLI scheme is a game-changer. The extension till Dec 2025 gives more companies time to apply. Well done!
V
Vikram M
Good step but I hope small and medium enterprises also benefit, not just large corporations. The textile sector has many small units that need support.
K
Kavya N
Employment for 22,646 people is fantastic! This will really help our youth get stable jobs. Hope the training is also provided to develop skilled workforce.

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