Govt approves 22 new applicants under PLI scheme for Textiles

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Govt approves 22 new applicants under PLI scheme for Textiles

According to Media Sources, The Government has approved 22 new applicants under the third round of the Production Linked Incentive (PLI) Scheme for Textiles. The Ministry of Textiles said a total of 96 companies have been selected under Round-3 of the scheme, with a committed investment of more than 12,822 crore rupees and a projected turnover exceeding 58,000 crore rupees.

As Per Media Sources, The approved applicants span key focus segments of the PLI Scheme, including Man-Made Fibre (MMF) apparel, MMF fabrics, and technical textiles, further strengthening India’s position as a global hub for value-added textile manufacturing

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