The approved applicants span key focus segments of the PLI Scheme, including Man-Made Fibre (MMF) Apparel, MMF Fabrics and Technical Textiles. | Photo Credit: FRANCIS MASCARENHAS

The government has approved 22 new applicants under Round-3 of the production linked incentive (PLI) scheme for textiles, taking the total number of companies to 96. The newly-approved companies are expected to bring in a total investment of ₹2,339.14 crore, generate a projected turnover of ₹15,561.34 crore in notified products, and create 36,217 employment opportunities across the textile value chain, the Textile Ministry said.

“A total of 96 companies has been selected under Round-3 of the scheme with a total committed investment of ₹12,822.67 crore and a projected turnover of ₹58,294.18 crore,” the Ministry said in a statement Wednesday.

The approved companies under the PLI scheme are from man-made fibre (MMF) apparel, MMF fabrics and technical textile segments, which will further strengthen India’s position as a global hub for value-added textile manufacturing.

The addition of these companies under the PLI scheme reflects the continued industry response to the government’s efforts to promote investments in sunrise segments of the textile sector, it said adding the investments are expected to support the development of a robust and globally competitive textile ecosystem aligned with the vision of Aatmanirbhar Bharat.

In November last year, the Ministry had approved 17 new applicants in the third round of selection with a total investment commitment of ₹2,374 crore. In the first two rounds of selections, a total of 74 applicants had been approved under the scheme.

In October 2025, the government had notified major amendments to the scheme to further enhance industry participation. These included expanding the list of eligible products that can benefit from the scheme in the given categories, doing away with the requirement of setting up new companies, reducing by half the minimum investment threshold and also lowering the incremental turnover criteria.

The PLI scheme for textiles was notified on September 24, 2021, with an approved outlay of ₹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.

Published on June 10, 2026