Textile PLI Scheme Round III: 96 Firms Approved with ₹12,822 Crore Investment

The government has selected 96 companies under Round III of the Textile PLI Scheme, with a total committed investment of ₹12,822.67 crore.

The latest round of approval includes 22 new applicants. These companies are expected to bring ₹2,339.14 crore in fresh investment, generate ₹15,561.34 crore in projected turnover, and create 36,217 employment opportunities across the textile value chain.

What is the Textile PLI Scheme?

The Textile PLI Scheme is a Production Linked Incentive programme designed to encourage large-scale manufacturing in selected textile categories.

Notified on September 24, 2021, the scheme focuses on Man-Made Fibre apparel, MMF fabrics, and technical textiles. These segments are important because they support value-added manufacturing beyond traditional textile production.

What Has Been Approved in Round III?

Under Round III of the Textile PLI Scheme, a total of 96 companies have now been selected.

This shows continued industry participation in the government’s textile manufacturing programme.

Why Are MMF Fabrics and Technical Textiles Important? 

MMF fabrics are used in modern apparel, performance wear, and blended textile products. They are important for segments where durability, flexibility, and cost efficiency matter.

Technical textiles are used for functional purposes across healthcare, automobiles, infrastructure, construction, and industrial applications. This makes them a key part of India’s value-added textile manufacturing plans.

How Can the Textile PLI Scheme Support Industry Growth?

The scheme can support textile industry growth by encouraging companies to invest in production capacity, technology, and specialised products.

With more companies selected, India can build stronger manufacturing capabilities in MMF apparel, MMF fabrics, and technical textiles. These categories also have broader export and industrial use potential.

What Does This Mean for India’s Textile Manufacturing Push?

The latest selection shows that companies are still responding to the government’s incentive-linked manufacturing plan.

For India, the focus is not only on increasing textile output but also on building scale in segments that can improve competitiveness, support exports, and create jobs across the value chain.

Final Takeaway

Round III of the Textile PLI Scheme adds fresh momentum to India’s push for value-added textile manufacturing.

Going ahead, the key factor will be how quickly the selected companies convert committed investment into production capacity, turnover, and employment in MMF fabrics and technical textiles.

Source: https://www.moneycontrol.com

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