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Textile expansion: Govt okays 17 firms under PLI scheme; new projects eye Rs 12,893 crore sales lift – The Times of India


The government has approved 17 additional applicants under the Production Linked Incentive (PLI) Scheme for textiles in the third selection round, a move the Textile Ministry said will strengthen domestic manufacturing and improve India’s competitiveness in man-made fibre (MMF) apparel, MMF fabrics and technical textiles.According to the ministry, the newly approved companies have committed investments worth Rs 2,374 crore, PTI reported. Their proposed projects are expected to generate projected sales of more than Rs 12,893 crore and create employment for about 22,646 people over the coming years. The PLI Scheme for Textiles, notified on September 24, 2021, carries an approved outlay of Rs 10,683 crore to support production in priority segments such as MMF apparel and technical textile products.The ministry told PTI that the scheme is designed to help the Indian textile sector scale up, become globally competitive and create large-scale employment opportunities. It added that 74 applicants have been approved in the first two rounds of selections, reflecting significant industry response so far.The government recently introduced major amendments to the scheme aimed at expanding participation, and the online portal has now been reopened for new applications until December 31, 2025.





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