Textile PLI Scheme: Govt Approves 96 Firms in Round-III; ₹12,822 Crore Investment Committed
New Delhi, June 11, 2026: The Government of India has approved a total of 96 companies under Round-III of the Production Linked Incentive (PLI) Scheme for Textiles, with a cumulative committed investment of ₹12,822.67 crore. The initiative is expected to significantly strengthen domestic textile manufacturing, enhance exports, and create large-scale employment opportunities across the textile value chain.
The latest approvals include 22 new applicants, which are projected to bring fresh investments worth ₹2,339.14 crore, generate a turnover of approximately ₹15,561.34 crore, and create more than 36,000 jobs in the coming years.
According to the Ministry of Textiles, the total approved projects under Round-III are expected to generate a projected turnover of ₹58,294.18 crore from notified textile products. The scheme is focused on promoting manufacturing in key segments such as Man-Made Fibre (MMF) Apparel, MMF Fabrics, and Technical Textiles, which have been identified as high-growth sectors with strong global demand.
The Textile PLI Scheme, launched in 2021 with an approved outlay of ₹10,683 crore, aims to encourage investments in value-added textile products, improve India’s global competitiveness, and position the country as a major manufacturing hub for technical textiles and MMF products.
Industry experts believe the latest approvals will provide a substantial boost to India’s textile sector by accelerating capacity expansion, encouraging technology adoption, and strengthening supply chains. The move is also expected to support the government’s vision of increasing textile exports and generating employment, particularly in manufacturing-intensive regions.
Earlier in April 2026, the government had approved 52 applications under Round-III, with proposed investments of around ₹6,708 crore. The subsequent approvals have further expanded participation under the scheme, reflecting growing industry confidence following recent amendments that eased investment thresholds and turnover requirements for applicants.
With 96 companies now approved, the Textile PLI Scheme is expected to play a crucial role in driving India’s textile manufacturing growth, enhancing export competitiveness, attracting private investment, and creating thousands of new employment opportunities across the country.
Key Highlights
- 96 companies approved under Round-III of Textile PLI Scheme.
- Total committed investment: ₹12,822.67 crore.
- 22 new companies approved in the latest phase.
- Fresh investment from new approvals: ₹2,339.14 crore.
- Projected turnover from all approved projects: ₹58,294.18 crore.
- Expected employment generation: Over 36,000 jobs from newly approved projects.
